3672 Percy, Los Angeles, CA 90023

Comprising a six-unit campus built in 2017, the property is laid out as three duplexes with spacious three-bedroom, two-bath units. The homes feature in-unit laundry, stainless appliances including microwaves, dishwashers, and refrigerators, recessed overhead lighting, central AC, vinyl plank flooring, and modern open-concept floor plans. Upper units include vaulted ceilings and balconies, and master suites are included throughout. The project also has fire sprinklers and includes landscaping. Plans are previously approved for two additional one-bedroom tiny home ADUs, providing an expansion path within the same parcel.

The property is offered as a single parcel in Boyle Heights, and the public remarks note it is exempt from LA RSO and CA statewide AB1482 rent control. Parking is substantial for the configuration, with 10 parking spaces plus additional driveway parking. It is described as directly across from Stevenson Middle School, with convenient access to major freeways including the 5, 10, 60, and 710.

For operators and buyers, the separately metered utilities are positioned to leave zero utility expenses for the owner. The remarks also describe a current in-place performance snapshot, including a 6.2% cap rate on proven actuals and a GRM of 11.49, with potential metrics cited after ADU construction. Existing unit finishes and the approved ADU plans may appeal to tenants seeking newer, amenity-forward housing while giving an owner a pathway to add income through the additional ADUs.