3007 E 4th Street is a mixed-use property located in the up and coming Boyle Height community, featuring 3 residential units and one commercial storefront, property us 75% occupied (2b1b bungalow vacant.) The property was built in 1926 on 5,174 square foot lot with 2,507 square feet of improvements including 2 1 bed+1bath units and 1 2bed+1bath stand alone house. One of the one-bedroom units have been renovated and rented at market rate. The two-bedroom house was also recently renovated. Commercial unit lease ends in 2023 with plenty of room for upside for a new tenant. Other nearby amenities such as parks, grocery stores, and local eateries add to the desirability of this location for tenants. Given the rental upside future potential, this is a great investment for both first-time buyers and seasoned investors. High traffic area minutes from the Arts District, DTLA and Gold Line. Located in one of the city rapidly growing markets.
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