507 S GRANDE VISTA AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $354
MLS Listing ID SW25023952
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1914
Lot Size 6,346 Sqft
Property Description
**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City's rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units.
The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.
Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don't miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Rooms
Main Level Bedrooms 1
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Pool None
Community Features Urban
View Y/N Yes
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Triplex
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5186002026
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard