3025 Lanfranco, Los Angeles CA 90063 for sale - Presented to you by Ever Eternity of North County Coastal California
Listing provided courtesy of Vartan Achabahian of Prospect Group Inc.. Last updated 2024-11-22 09:11:45.000000. Listing information © 2024 Sandicor.

Asking Price: $1,299,000

3025 Lanfranco, Los Angeles CA 90063

Community: ​BOYH - Boyle Heights


This Quadruplex property was built in 1961 and is priced at $1,299,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: GD24237746
  • Type: Quadruplex
  • Year Built: 1961
We are pleased to present a rare investment opportunity situated on one of the most desirable streets in Boyle Heights. This property offers immediate income potential with three of its four units fully renovated and ready for occupancy at market rents. Key Features: Turnkey Investment: Generate immediate cash flow with three units already rented at market rates, currently producing a total monthly income of $8,440 ($101,280 annually). Desirable Location: Situated on a premier street in Boyle Heights, known for its strong rental demand and potential for appreciation. Modernized Units: Three units feature comprehensive renovations, including updated electrical and plumbing systems, new paint, windows, flooring, laundry connections, kitchen countertops and cabinets, and bathroom fixtures. Separate Metering: Individual gas and electricity meters for each unit ensure efficient utility management and cost recovery. Ample Parking: The property includes two separate buildings, each with a two-car garage, plus additional parking spaces, a valuable amenity in this urban location. ADU Potential: The existing two-car garage presents the opportunity for conversion into an Accessory Dwelling Unit (ADU), subject to local regulations, further enhancing the property's income potential. This property offers a compelling combination of current income, value-add potential, and a prime location. We invite you to schedule a private viewing to explore this exceptional investment opportunity further.

Call or Email Ever Eternity now to inquire about this property

858-688-4113