Address
1404 1406 Warren Street Los Angeles, CA
Price
$ 1,750,000
Property Attributes
  • MLS#21718072
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 1,750,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Lot Size7,455 SqFt
Listing Provided Courtesy Of:
Derrick Vartanian with Keller Williams Silicon Beach.
Data Source:
CRMLS
Property Description

We are pleased to present 1404-1408 Warren St an eight (8) unit multifamily investment opportunity located in one of the most highly desirable neighborhoods in Boyle Heights. This property consists of side-by-side wood frame stucco Quadraplexes on two separate APNs zoned LARD1.5. 1404 Warren St consists of 2,064 SF of living area on a 3,726 SF lot and 1408 Warren St consists of 1,970 SF of living area on a 3,729 SF lot. These properties feature: One (1) One Bedroom / One Bath + Den unit and Seven (7) One Bedroom / One Bath units all individually metered for gas and electricity. The property provides 8 parking spaces for the tenants and will be delivered with one unit vacant at COE. This asset has been well maintained and cared for with a number of renovations to maximize the properties potential. 1408 Warren St was converted from a duplex into a 4 unit property in 2003 with all work done with permits. 6 of the 8 units have also been remodeled. This sale presents an incredible opportunity for a new owner/investor to own a stabilized asset located on a quiet and charming street in prime Boyle Heights. This asset provides ample parking for the tenants along with units that are in high rental demand. Also located in a State Enterprise Zone and Opportunity Zone, these properties could allow for potential tax incentives(Buyer to Verify).

Price History
4/14/2021 Listed $1,750,000

General Features

Co-Listing Agent State License # 01483131
Cooling Wall/Window Unit(s)
Heating Wall Furnace
Listing Agent Derrick Vartanian - BRE#01816119
Listing Agent State License 01816119
MLS Area BOYH - Boyle Heights
Parking Features Driveway, Side By Side, Uncovered
Property Type Residential Income
Special Listing Conditions Standard
Total Units 8
Zoning LARD1.5

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Area 7455
Lot Size Source Other
Lot Size Square Feet 7455
Lot Size Units Square Feet
Number of Buildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90033

Price
AVG $1.26M
$1.75M
Visits
AVG 61
10
Year Built
AVG 1931
1905
Walkscore
AVG 84
86
Data Provided by Walkscore ® not using MLS data

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