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532 S St Louis St, Los Angeles, CA 90033
$1,600,000
532 S St Louis St, Los Angeles, CA 90033View this property at 532 S St Louis St, Los Angeles, CA 90033
532 S St Louis StLos AngelesCA90033
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Property Description
This property in the historic Boyle Heights community of Los Angeles represents an exceptional investment opportunity as an approximate 6.5 Cap and a 10.17 GRM. With one unit vacant now and another unit set to be vacant in the next 30 days, the subject property is a six unit property (two 1 bed 1ba, two 2 bed 1 ba and two 3 bed and 1 ba) that has been tastefully and thoroughly upgraded both interior and exterior. The subject property is conveniently located directly across the street from Hollenbeck Park, within eyeshot of DTLA and very near public transportation, including a metro and bus station, as well as police and fire department stations. The property is also in immediate proximity to five major freeways (5,10,60,101,710) and is close to shops, restaurants, schools, White Memorial Hospital and USC Medical Center. There are garages with alley access in the rear of the property and there is likely room to build ADU"s and/or replace or build ADU's on top of the garages. This property is very appealing to renters in a community where 75% of the residents rent their homes. The Boyle Heights neighborhood continues to grow in appeal with new businesses moving in while it maintains the charm of the old. Buyers to investigate the accuracy of all the information and conduct their own due diligence.
Full Property Details
Full Property Details for 532 S St Louis St
General
- Sold For: $1,600,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-357419
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Additional Information
- Other Features: None
Parking
- Garage Description: Garage - 4+ Car, Detached
Location
- Area: Boyle Heights
- County: Los Angeles
- Driving Directions: E. 4th Street / S. Saint Louis
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 4,542
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1913
- Year Built Source: Vendor Enhanced
- Property Condition: Updated/Remodeled
Unit Information
- Units in Complex: 6
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1692
- Lot Size: 7371
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $363.28
- Assessment Year: 1913
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control, Termite Provisions - None
- APN: 5183-019-007
Listed by Keller Williams Downtown LA, Sylvia Ena
Sold by Exp Realty Of California Inc, zih huan huang
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Schools
Schools serving 532 S St Louis St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2226 E 3rd St, Los Angeles, CA 90033 | K-6 | 0.3 mi | |
2510 E 6th St, Los Angeles, CA 90023 | 6-8 | 0.3 mi | |
456 S Mathews St, Los Angeles, CA 90033 | 9-12 | 0.3 mi | |
1200 Plaza Del Sol St, Los Angeles, CA 90033 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 532 S St Louis St
Date
Details
Price
Change
Source
4/25/2024
Sold
$1,600,000
-3.03%
MLS
2/12/2024
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
532 S St Louis St, Los Angeles, CA 90033 (MLS# 24-357419) is a Multi-Family property that was sold at $1,600,000 on April 25, 2024. Want to learn more about 532 S St Louis St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.