936 Hollins Street, Los Angeles, California 90023

Motivated Seller. Make your best offer. Seller is willing to attempt to deliver one of the units for the buyer to occupy as owner occupant. This triplex property is located in the premier area of Boyle Heights, approximately 1 mile east of the Arts District in Downtown LA. The newly redesigned 6th Street bridge is now fully open connecting Boyle Heights to the DTLA. And the new 12 acre 6th Street Viaduct park and art plaza is already being developed. Major high end employers such as Spotify and Warner Brothers are all in the Arts District, making the rental market in this area of Boyle Heights very hot. The property itself is comprised of three units. All units will be delivered tenant occupied. Unit #1 is in the rear and consists of 2 bedroom 1 bathroom. Unit #2 is in the front building, downstairs, and consists of 2 bedroom 1 bathroom + washer and dryer. Unit #3 is in the front building, upstairs, and consists of 1 bedroom 1 bathroom. The property also has tenant parking on the spacious lot. The property is separately metered for electricity, water, and gas. Therefore, there are no utility expenses at all. Only expenses for the property are: Property tax, insurance, and repairs. Income figures are based on market rent for rear unit only (which would be good for an owner occupant), with other rents at their current level.