3155 8th Street

3155 E 8th St is a 4-Unit Turnkey property to be delivered

FULLY VACANT by close of escrow. 3155 E 8th St presents a

unique opportunity in the heart of Boyle Heights, with

updated electrical panels. It includes four spacious 1-Bed/1-

Bath units, all delivered vacant, offering a prime opportunity

for an investor or owner-occupier. The property features 8

uncovered parking spaces in the rear can be converted to

two stacked ADUs. With this addition, the cap rate will jump

from an already attractive 8.02%, offering substantial returns.

Built in 1961, this asset is a cash cow with the ability to stabilize

and generate significant cash flow. For owner-users, it’s a

perfect opportunity to occupy one unit, have the additional

three units cover your mortgage. The "owner's unit" features a

large private patio that can be converted into additional

parking as well. Located in the heart of Boyle Heights, a

vibrant and culturally diverse neighborhood known for its rich

history, tight-knit community, and eclectic mix of cuisines,

Boyle Heights offers a dynamic blend of residential charm,

thriving local businesses, and a vibrant arts scene. It is in

close proximity to the train line stop and within walking

distance of Hollenbeck Park, restaurants, bars and nightlife.