Three Investment Properties

90 Unit Portfolio | Three Separate Properties

Can Be Purchased Individually or As A Portfolio

CLICK HERE FOR OFFERING MEMORANDUMS

323 N SOTO ST | 40 Units 

Offered at: $4,750,000

13 Units Currently Vacant

323 N. Soto Street presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1929, encompasses 10,364 square feet and comprises 40 units on a 6,993 square-foot lot. The unit mix is comprised of (36) Studios/Bachelor units with bathrooms & (4) 1 Bed + 1 Bath units, catering to a diverse range of tenants.

With 13 vacancies currently available, significant potential exists for a new owner to implement a value-add strategy. Conducting renovations of individual units and common areas to reposition the asset can result in market rental rates offering flexibility for short-term or long-term tenancies. A new owner can also participate in the Section 8 Housing program through entities like HACLA or its subsidiary programs such as PATH.

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2221 MICHIGAN AVE | 32 Units

Offered at: $4,300,000

28 Units Currently Vacant

2221 Michigan Ave presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1926, encompasses 9,229 square feet and comprises 32 units on an 6,053-square-foot lot.

The unit mix consists of (24) Bachelors, (6) Studios, and (2) one bedroom + one bathroom units, catering to a diverse range of tenants. With 28 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential.

By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal.

This property represents an exceptional investment opportunity in a dynamic and rapidly evolving neighborhood, offering immediate rental income potential and long-term value appreciation.

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1818 N BROADWAY | 18 Units

Offered at: $1,950,000

6 Units Currently Vacant

1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This well-maintained two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises 18 residential units alongside a retail space, all set on a generous 7,412-square-foot lot, complete with 14 parking spaces.

Designed to cater to a diverse range of tenants, the unit mix includes (15) Bachelors ( 2) 1-bedroom + 1-bathroom units, (1) Studio, and a commercial unit, ensuring broad appeal to prospective tenants.

With 6 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal.

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**Buyer to verify Bed/Bath count and unit type.

Sale is subject to court confirmation and possible overbid. Call listing agents for details - 818.970.0915. ALL offers must be Submitted on C.A.R RIPA with POF. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller or Sellers Agents to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all information provided, including permits & uses, bed/bath counts, SQFT, and accuracy of all info provided. Agents make no representations.