351 S State

Los Angeles, CA 90033
$4,500,000
351 S State Street is a newly constructed, income-producing multifamily asset located in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Completed in 2024 and reaching full occupancy in 2025, the property is currently stabilized and generating $25,000 per month in rental incomeRead MoreRead Less
Property listed by eXp Realty of Greater Los Angeles, Steven Gray 213-570-9275
Listing Snapshot
Days Online
15
Last Updated
Property Type
Triplex
Lot Size
0.19 Acres
Year Built
2024
MLS Number
PW26156984
Property Location Map
Additional Details
Building
Built in 2024, 3 buildings, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1
Community
StreetLights, Sidewalks, Urban
Cooling
CentralAir, Ductless
Expenses
Electric: $1,500, Insurance: $7,872, Operating: $38,232, Trash: $290, Water/Sewer: $290
Fireplaces
None
Garage
8 spaces
Heating
Combination, Central, Ductless
Income
Gross Income: $300,000, Gross ScheduledIncome: $300,000, Net Operating Income: $261,768
Laundry
Inside
Lot
0.1874 acres, ZeroToOneUnitAcre
Parking
8 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5174019047, Lot: 4
Utilities
ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected, Water Source: Public, Standard, 7 separate electric meters, 6 separate gas meters, 2 separate water meters
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Costanza Genoese Zerbi
REALTOR ®
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings
No listings found.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.