5155 Henderson Street
Los Angeles, CA 90032
1698 sqft | 5 beds | 0.13 acres | #25541715
Description
Tucked just a few blocks from the heart of Lincoln Heights, this triplex is a great long-term play. It's priced at $424 per square foot and currently operates at a2.77% CAP, but there's big upside market rents push the numbers to a 6.27%CAP. Ideal for an owner who's not afraid to do a little work and unlock some serious value. Add some basic improvements, bring rents to market, and you're sitting on a strong performer in a neighborhood with a lot of momentum. Can be purchased with 1909 Johnston Street.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$720,000
- MLS #25541715
- MLS #25541715
- Acres0.1327
- Cost720000
- Square Feet1698
- Year Built1923
- Bedrooms5
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Shaya Braverman (#CLW-C125193)
Listing Office: Keller Williams Beverly Hills (#CLW-X74054)
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