The Coronado Real Estate Group of KW Commercial is Pleased to Present Five Turnkey Units in Boyle Heights! For Sale at Less Than 13 Times the Gross!
2107 Sheridan St is an excellent acquisition opportunity in an ideal residential area of up-and-coming, Boyle Heights. A building of this vintage and with such a favorable unit mix is rare in this neighborhood. One of the property’s most unique features is the two story “Owner’s Unit” with 3 bedrooms, 1.5 bath, a private yard and entrance, laundry room, and it is already set up for HVAC! The first floor’s open floor plan makes it ideal for entertaining with laminate flooring in the living room, a separate dining area and downstairs half bath, while all three bedrooms and the full bath are upstairs. Plus bountiful avocado and lime trees in the private front yard! The rear of the property features two 2 bedroom, 1 bath apartments and two 1 bedroom, 1 bath apartments. The interiors are clean and show well, making this a turnkey asset for investors! Other features include 100% copper plumbing, newer roof (within the last 5 years), separate meters for gas and electricity and five parking spaces. AND there are views of DTLA, Dodger’s Stadium and the Hollywood Sign from the parking lot and second story! This property offers an investor the unique opportunity to either buy and hold, or aggressively reposition the asset to cater to the new wave of Boyle Heights residents entering the rental market!
Nestled at the top of Boyle Heights, north of Cesar E Chavez and just west of Soto! 2107 Sheridan St is is conveniently located just a short distance from LA attractions such as Downtown LA, Dodger’s Stadium and the Art’s District, and also surrounded by local shops, schools and amenities. In addition, the USC Health Sciences Campus & Medical Center is less than a mile away – making this property an ideal residential location for USC staff & students. Last year the nearby Hazard Recreation Center received a $1,000,000 donation from USC and offers the community sport’s fields, an indoor gym and picnic & play area, in addition to L.A. Kids free after school programs. The East LA food culture is present with restaurants like El Tepeyac Cafe that was established in 1955 and newer spots like Guisados Tacos. Conveniently accessible by public transportation through the Metrolink Gold Line – Soto Station and the El Monte Busway, and near major transportation routes including the 5, 10 and 101 freeways!
* All information provided to be deemed reliable but not guaranteed. Any buyer to complete all investigations into the property and/or matters that may or may not affect the property independently and to their own satisfaction.