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$ 2,095,000
Est. payment /mo
Price Dropped by $100K
835 E 33rd Street Los Angeles, CA 90011
16 Beds
14 Baths
5,275 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26074248
Bedrooms 16
Lot Size 5,275 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
835 E 33rd St is a brand-new construction 4-unit townhome community in the heart of South Los Angeles, just minutes from USC, Exposition Park, and Downtown Los Angeles. Comprised entirely of spacious townhome-style units with a mix of two- and three-level layouts, the property offers strong in-place income with additional upside, projecting a 6.35% pro forma cap rate and 12.70 pro forma GRM. This vacant asset is ideal for an investor seeking a lease-up opportunity with modern construction, clean operating characteristics, and no deferred maintenance. The location places tenants near one of LAs strongest demand corridors, with convenient access to the University of Southern California, Exposition Parks museums and attractions, BMO Stadium, the LA Memorial Coliseum, and the Metro Expo Park/USC station for easy connectivity throughout the city. Each unit features brand-new finishes and appliances, open-concept floor plans, and the highly desirable townhome layout that gives residents a more private, single-family-home feel. With approximately 5,722 square feet of building area, the property includes four large residences and six total parking spaces, making it a compelling offering for investors targeting newer construction product in a centrally located rental market. Positioned near the 10 and 110 Freeways and just south of Downtown, 835 E 33rd St offers tenants convenient access to major employment centers, entertainment, dining, and public transit, supporting long-term rental demand in this evolving submarket.
Location
State CA
County Los Angeles
Zoning Builder
Direction Located on E 33rd, North of Jefferson Blvd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5120027023
Listed by Cheyenne Womack, DRE#02064825 Myunits.com Inc.
NEARBY SCHOOL & BUSINESS