2028 E 3rd Street
Los Angeles, CA 90033

Property will be delivered 100% Vacant by Close of Escrow!8.8% Cap Rate! One of the best in Los Angeles County!2028 E 3rd St is a meticulously remodeled 5 UnitApartment in the heart of Los Angeles. Boasting anexcellent unit mx with (2) 2-Bed/1-Bath, (2) 3-Bed/1-Bathand (1) 4-Bed/2-Bath units, each unit has been renovatedwith contemporary fixtures, new flooring, modernbathrooms, and in unit laundry hookups.This 4-Bed/2-Bath unit comes as a detached residencewith private alley access and it's own two car garage. Theoffering comes with endless opportunity, highlighted bythis garage that can be converted into an ADU (Buyer toVerify). This offering presents an investor the opportunityto acquire a fully tenant-ready Asset in Boyle Heights operatingat a 8.80% Cap Rate and 8.16 GRM. Offered at only$316/Sq. Ft, this turn-key apartment is fit for any investorto add a cash cow to their apartment portfolio.Boyle Heights is a quickly growing neighborhood in LosAngeles adjacent to Downtown Los Angeles. A vibrant andculturally diverse neighborhood known for its rich history,tight-knit community, and eclectic mix of cuisines, BoyleHeights offers a dynamic blend of residential charm,thriving local businesses, and a vibrant arts scene. With aclose proximity to the train line stop and walking distanceto Hollenbeck Park, and restaurants, bars and nightlife.