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Listed by: Benjamin Lin DRE #01383988 | 1000 Realty Corporation (626) 656-8600
$2,210,000
13 Beds
- 10 Baths
--sqft
1034 S Herbert St, East Los Angeles, CA 90023
$2,210,000
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Apartment
Built in 1992
$-- HOA
11,847 sqft lot
--/sqft
Description
7 Large Units in LA county with Huge Lot Built in 1992. Great actual income with 6.27% CAP rate. New rent start on 12/1/25. The rents are still well below market, giving the buyer tremendous potential to increase income further. Convenient location: about 5 miles to Monterey Park & Downtown LA, 7 miles to Alhambra and 8 miles to South Pasadena. Close to USC Medical Center, Cal State LA, Boyle Heights and employment hubs. Walking distance to shops, schools, and neighborhood dining. Centrally located near Arts District. Vibrant cultural community with strong rental demand. Minutes to major freeways (I-5, I-10, 710 & 60) . Easy commuter access. This is a value-add investor’s...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1992
HOA Fees
-
Finished Area
- sqft
Lot Size
11,847 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR25218001
MLS Status
Active
Days on Market
82
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