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6-Unit – Lincoln Heights

2821 Sierra St, Los Angeles, CA 90031, USA
Triangle 1 Created with Sketch. Sold Triangle 1 Created with Sketch. $668,000 - Investment Property
2854 2 Bedrooms 1 Bathroom

Here’s a classic example of a property that would fly under the radar and not be seen as a deal . . . but it is. Why?

Because at this price, and with the amount of rent the tenants are paying, you could afford to spend a substantial sum to re-locate tenants as well as do any needed renovations. If, for example, you pay $650K for the property and another $200K for re-lo and renovations, you will end up cash flowing $3200/mo or 14% cash-on-cash return in an upside location.

Unit 1 – Bedrooms – 0 – Baths – 1.00
Unit 2 – Bedrooms – 1 – Baths – 1.00
Unit 3 – Bedrooms – 2 – Baths – 1.00
Unit 4 – Bedrooms – 0 – Baths – 1.00
Unit 5 – Bedrooms – 0 – Baths – 1.00
Unit 6 – Bedrooms – 0 – Baths – 1.00
Unit 7 – Bedrooms – 3 – Baths – 6.00

If you want it, or want more information, call me anytime.

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