4 Units W/ R4 Zoning In Boyle Heights
1040 South Ditman Avenue, Los Angeles, CA, 90023
This is a fantastic opportunity to acquire a 4 unit multifamily property in Boyle Heights just east of Downtown LA. All the units are one bedrooms, with one of them vacant, remodeled, and ready to move in. The other three units have MTM tenants in place all currently paying rents. The property allows an owner occupier to live in a unit and collect rents from the other.
The entire property totals 1,592sf and sits on a large 6,150sf lot zoned R4 allowing for future development potential. The property is also located in a qualified Opportunity Zone which can offer the right investor additional tax benefits. And with the property being located near the 5 freeway, it is just minutes from Downtown LA and USC.
Features and Highlights
- One Unit Currently Vacant & Remodeled.
- R4 Zoned Lot in Opportunity Zone.
- Excellent location in Boyle Heights east of Downtown Los Angeles near USC Medical Center, Community Hospital, Commerce, Freeways, Parks & Recreation, and Restaurants & Shops.
- # of Units:4
- Building Size:1,592 SF
- Lot Size:6,150 SF
- Opportunity Zone:Yes