Sold $1,200,000 - Income Property
Single Room Occupancy 23-unit apartment centrally located in the Boyle Heights area just minutes away from Downtown LA. Located close to the 5/10/110/710 freeways. Building has 3 floors. All bachelor units with a shared kitchenette and bathroom/shower on each floor. Washer and dry on 1st floor. Property has a property manager on-site. Landlord pays for all utilities. Strong rental area and is a solid income producing investment property. Property is to be sold inside of a chapter 11 bankruptcy, and will be subject to court approval. May not qualify for conventional financing. Contact listing agent for additional information. Drive by only, please make offer subject to inspection.