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$ 945,000
Est. payment | /mo
7 Beds
5 Baths
3,314 SqFt
$ 945,000
Est. payment | /mo
7 Beds
5 Baths
3,314 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,314 sqft
Price per Sqft $285
MLS Listing ID 26860543
Bedrooms 7
HOA Y/N No
Year Built 1931
Lot Size 4,739 Sqft
Property Description
SIGNIFICANT PRICE REDUCTION PRICED TO SELL! Rare opportunity to acquire a versatile 4-unit compound in the heart of Boyle Heights, offering an exceptional blend of owner-user appeal, income potential, and long-term investment value. Situated on a single lot with two separate buildings, this unique property provides privacy, flexibility, and multiple occupancy options. The front residence is an impressive two-story Spanish-style home featuring 5 bedrooms and 4 bathrooms, ideal for owner occupancy, multigenerational living, or maximizing rental income. The rear building offers three well-maintained 1-bedroom, 1-bathroom units, creating diversified income opportunities, while the detached 3-car garage presents additional utility and potential value-add possibilities (buyer to verify). Separate gas and electric meters enhance operational efficiency and simplify property management. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking the advantages of owner-occupied living with supplemental rental income, this property offers the flexibility to meet a variety of investment strategies. Ideally located just five blocks from the Metro and minutes from Downtown Los Angeles, USC Medical Center, major freeways, dining, shopping, and entertainment, the property benefits from strong connectivity in one of Los Angeles' most established and evolving neighborhoods. Opportunities to acquire a property offering this combination of size, versatility, location, and income potential at this price point are increasingly rare.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal
Exterior
Parking Features Driveway
Total Parking Spaces 3
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5180015025
Acceptable Financing Trust Deed
Listing Terms Trust Deed
Special Listing Condition Standard

Listed by Jun Hee Lee High Equity Real Estate Service, Inc. #02036362
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