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.
Features
5 bedrooms
3 bathrooms
directions_car5 carspaces
1698 sq. ft. floor area
crop_free5779 sq. ft. lot size
cottageOther
Property history for 5155 Henderson St
2018
Sold
$562,000
08 Aug 2018 by CHRISTIAN GODOY, of GRANADA KNOLL REALTY
Happy sellers in Los Angeles
96%
sentiment_very_satisfied
96% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.
Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for 5 bedroom other properties in Los Angeles
Sold
For Sale
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