Finally, a multi-family that actually cash flows, even with today's interest rates! Not only that, but you have tenants in both the front unit and rear unit who are not likely to be there forever. They are young professionals who are upwardly mobile, so you should look forward to getting market rents on those units sooner than later. By the way, I have met all the tenants and they are all very affable and cooperative,which is a big plus. The middle vacant unit is waiting for your touch to make it into a high rent unit. If you look at photos 4 to 13, that is the rear unit, which used to look exactly like the middle unit, which you see in photos 14 to 22. As soon as you spend $50K, give or take, on the middle unit you will make it look exactly like the two bed rear unit. Section 8 will fetch you $3052/mo in rent. Even if you don't want to go the Section 8 route, you will get close to that rent even with conventional tenants. The front unit could stand some updating but is basically in good condition. If/when those tenants leave you will spend a minimal amount of money to make it into a much higher rent unit.Each unit has it's own garage and there is an additional parking spot just alongside the garages. Each unit has it's own laundry hook-ups as well. Also, importantly, you are buying from responsible owners who have taken care of the property, so it should stand up well to a licensed home inspection once you are in escrow. They love the property and are only selling it because they are close to retirement and do not want to be landlords anymore. According to owners, they have recently updated the plumbing and electrical in the rear unit. The roof is only 9 years old according to the owners and the foundation was retrofitted right around the same time, plus the sewer line from the structure to the street has been recently replaced with a new sewer line. Bottom line, you are acquiring a property that a) cash flows, b) has very good upside and c) will not be a 'money pit.' Basically, everything a real estate investor is looking for in a property. So, come and get it! Middle unit can be shown anytime.
This cozy single family home is nestled in one of Los Angeles’ most sought-after areas, offering incredible convenience for first-time buyers and investors alike. The property boasts close proximity to major freeways, making it a commuter’s dream with easy access to downtown LA, USC Health Sciences, Dodger Stadium, and vibrant entertainment hubs like LA Live. Whether you're looking for a quiet retreat or a home base with access to LA’s dynamic dining, shopping, and cultural attractions, this home offers it all. Enjoy living just minutes away from Cal State LA, the Rose Bowl, and countless parks and recreation centers. With its unbeatable location, this home is perfect for those seeking comfort, convenience, and endless potential in the heart of Los Angeles!
This piece of land offers 7,475 square feet of abundant potential, making it an ideal opportunity for developers and investors. Located in a vibrant area with great accessibility, this property boasts an unobstructed view of Downtown Los Angeles and the iconic Sixth Street Bridge.
Welcome to 2618 Gleason Ave! This charming single-family home offers 3 bedrooms and 1 bathroom, with 1,033 sq ft of living space on a generous 5,750 sq ft lot. This large lot has great development potential to accommodate ADU's for rental income or in-law quarters. Ideally situated in a prime location, it's close to markets, restaurants, and Roosevelt High School, providing the perfect balance of comfort and convenience. The property features a spacious backyard, ideal for outdoor activities or relaxation, and plenty of parking for 4-6 cars. Don't miss this excellent investment opportunity!
Charming Boyle Heights Duplex in a Prime Location! This property offers two well-appointed 1-bedroom, 1-bathroom units. Each unit boasts granite countertops, abundant storage, and a breakfast bar that complements the bright and open floor plan. Other highlights include laminate flooring, in-unit laundry hookups, and a spacious bedroom with a walk-in closet. With separate electric and gas meters for each unit, plus private front and backyard spaces, this property is perfect for first-time home buyers looking to offset their mortgage with rental income or for savvy investors seeking a solid buy-and-hold opportunity. Conveniently located less than 1 mile from USC Medical Center, 7 minutes from Cal State LA, and just 15 minutes from Downtown LA, this duplex sits in the heart of the lively Boyle Heights and East LA area.
Retail strip in desirable part of Boyle Heights 12,133 sqft building on 17,003 sqft corner lot Tenants all MTM with significant upside TOC Tier 3 Motivated Seller Development potential - lot spans entire block
Close to DTLA commercial residential mix market plus residential units and boarding house.
Experience the heart of Los Angeles living with this stylishly upgraded gem in Boyle Heights. Perfectly situated just moments from the pulse of downtown and a stone's throw away from the 10, 5, 101, and 110 freeways, this property offers two thoughtfully upgraded units with endless possibilities to investors seeking income potential or homeowners looking for a versatile setup. The front unit boasts 940 square feet with three spacious bedrooms and two modern bathrooms, designed with a flowing layout ideal for comfortable family living. The back unit offers 728 square feet of cozy charm with two bedrooms and one bathroom, perfect for rental income, extended family, or guests. Discover fresh, modern upgrades that elevate each space, including brand-new restrooms with sleek fixtures and remodeled kitchens featuring new countertops, cabinetry, and appliances. Sunlight pours through the new dual-pane windows, accentuating the fresh paint and stylish new flooring throughout both units. Brand-new energy-efficient lighting and a brand-new electrical panel ensure a modern touch at every turn. For added convenience, both units come equipped with washer/dryer hookups. The front unit shines with a brand-new air conditioning system, and the recently replaced roof ensures durability and peace of mind. Need extra space? The large basement offers endless possibilities—whether you envision a fitness studio, yoga retreat, home office, or extra storage. With ample parking in the rear and an unbeatable location close to major freeways, this property offers a modern, comfortable living experience. It places you in the center of everything Los Angeles offers. Don't miss the chance to own this impeccably upgraded home in one of LA's most vibrant neighborhoods.
No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21,181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). FLAT LOT.
Presenting an exceptional investment prospect nestled in the heart of Boyle Heights: a meticulously maintained four-unit income property showcasing beautifully renovated bungalows. Each unit boasts in-unit laundry facilities, ample parking, and the added convenience of air conditioning. Enhanced with premium finishes and fixtures, these thoughtfully designed residences offer contemporary living spaces tailored to meet the needs of today's tenants. Beyond the property's inherent charm lies its unparalleled location, affording effortless access to nearby shops and dining establishments, making it an ideal choice for those desiring a vibrant urban lifestyle. Whether you're a seasoned investor or just entering the market, this income property assures robust rental potential and enduring financial benefits. Your journey towards becoming a prosperous real estate investor commences here seize this opportunity today!
We are delighted to introduce a prime investment opportunity: a well-kept 20-unit building in Los Angeles’ Boyle Heights neighborhood. Strategically located between 1st Street and Cesar E Chavez Avenue, this ±13,924 square foot property sits on a ±9,283 square foot lot at 138 N Soto Street. This dynamic location places your investment at the epicenter of Los Angeles’ cultural and commercial scene. Residents will enjoy easy access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, Union Station and more. Major freeways (10, 5, 60, and 101) are just minutes away, along with a diverse array of shopping centers, restaurants, museums, and retailers. The property’s proximity to the bustling retail corridors on Cesar Chavez Boulevard and Soto Street offers unparalleled convenience and opportunity for future appreciation. This investment opportunity is in a highly sought-after rental market within Boyle Heights. Over 75% of Boyle Heights residents occupy investment-owned properties, underscoring the strong demand for rental housing in the area. Positioned amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers, 138 N Soto Street offers the perfect blend of value and income potential. Nearly 50% of the units have been renovated interiors, providing modern amenities, and attracting discerning renters. Individual units boast spacious kitchens with stainless-steel appliances*, horizontal blinds, ample hallway storage, hardwood-like flooring, large closets, built-in drawers, and wall air conditioning. This pet friendly property also features low-maintenance landscaping, secured access, and an on-site laundry facility. 138 N Soto Street is a secure long-term investment ideal for any investor seeking a strong return. This opportunity can be a great investment for a new or seasoned investor. *In Select Units
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to present for sale a unique value-add opportunity located at 207 North Savannah Street. The 17-unit building is comprised of three studio units, two one-bedroom/one-bath units, and twelve two-bedroom/one-bath units. This property is located in the Boyle Heights neighborhood, which is minutes east of Downtown Los Angeles and The Arts District. This property sits on North Savannah Street, between Cesar Chavez Avenue and 1st Street, just west of Evergreen Avenue. Tenants of the building benefit from immediate access to the 10-freeway, and less than a 14-minute bike ride to the Art's District of Downtown Los Angeles. Additionally, the Gold Line Station at Soto Street is only a 10-minute walk and gives access to employment hubs throughout Los Angeles MSA. The Sixth Street Viaduct opened to the public in July 2022 and adds another thoroughfare into the Arts District. The $588 million-dollar project crosses over a new public park. The much-discussed effort to restore the Los Angeles River continues to drive new development in the surrounding neighborhoods as eight firms compete to restore the section of the river that runs between Downtown Los Angeles and Boyle Heights. This property offers an investor the rare opportunity to acquire a mid-century constructed asset at an extremely favorable basis of $135,294 per Unit for mostly two-bedroom units, with on-site parking.
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to present for sale a unique value-add opportunity located at 207 North Savannah Street. The 17-unit building is comprised of three studio units, two one-bedroom/one-bath units, and twelve two-bedroom/one-bath units. This property is located in the Boyle Heights neighborhood, which is minutes east of Downtown Los Angeles and The Arts District. This property sits on North Savannah Street, between Cesar Chavez Avenue and 1st Street, just west of Evergreen Avenue. Tenants of the building benefit from immediate access to the 10-freeway, and less than a 14-minute bike ride to the Art's District of Downtown Los Angeles. Additionally, the Gold Line Station at Soto Street is only a 10-minute walk and gives access to employment hubs throughout Los Angeles MSA. The Sixth Street Viaduct opened to the public in July 2022 and adds another thoroughfare into the Arts District. The $588 million-dollar project crosses over a new public park. The much-discussed effort to restore the Los Angeles River continues to drive new development in the surrounding neighborhoods as eight firms compete to restore the section of the river that runs between Downtown Los Angeles and Boyle Heights. This property offers an investor the rare opportunity to acquire a mid-century constructed asset at an extremely favorable basis of $135,294 per Unit for mostly two-bedroom units, with on-site parking.
Open House:
Saturday, 11/16 1:00-4:00PM
Located at 322 Cornwell St, this multi-unit income property offers an incredible opportunity for investors seeking solid rental income in a thriving neighborhood of Los Angeles. Situated in the rapidly growing and culturally rich area of Boyle Heights, this property is perfectly positioned for strong future appreciation and steady tenant demand. This property consists of 3 units with 2 driveways that can fit up to 10 cars and a garage that can be converted into an ADU. Each unit is well maintained with a beautiful kitchen and large primary suite. Don't miss this chance to own a well-maintained income property in one of LA's most vibrant neighborhoods. Whether you're a seasoned investor or looking to start your real estate portfolio, 322 Cornwell offers a great return on investment. Property includes Mango, Pomegranate, Meyer and regular lemon trees!
Price Reduction !! Seller wants this property SOLD! Triplex Triplex ...Units 518 and 518 1/2: These two attached units each offer two bedrooms and one bathroom. Unit 518 is the larger of the two and boasts several modern updates, enhancing both comfort and style. Unit 518 1/2, while slightly smaller, is exceptionally functional and includes its own private, small fenced backyard—perfect for outdoor relaxation. Detached Unit: Unit 520: This stand-alone unit offers added privacy and its own private back patio. It has been recently updated with a new bathroom and kitchen, and several windows have been replaced to improve energy efficiency and aesthetics. The unit also benefits from gated off-street parking. Additional features of the property include alley access and parking for one car per unit. Recent city inspections have been completed, and the property has passed all required evaluations, ensuring it's ready for future development. This investment offers a mix of updated living spaces and practical features, making it a promising addition to your portfolio.
This 8-unit investment opportunity at 324 N St Louis Street, in Boyle Heights, awaits its new owner! This two-story apartment building, all 2 bedrooms with 1 bath is 100% occupied and falls under the city of Los Angeles with rent control regulations. Built in 1956, 4452 sq ft of living space and a 7201 sq ft lot. There is a large parking area at the back of the property. Boyle Heights is bordered on the north by Lincoln Heights, on the east by East Los Angeles, on the south by Vernon, and on the west by Downtown Los Angeles. Close to major freeways: 5, 10, and 101. It is centered in the culturally rich Boyle Heights area of Los Angeles, close to retail and eateries along Cesar Chavez Avenue. This apartment building is being sold alongside a second apartment building, directly across from this building, also 8 units, all 2 bedrooms and 1 bath. Each lot has its own APN number, and shares an easement entry to the parking lot, being sold together. Please see MLS#PW24187888 for further details on the second apartment building.
This 8-unit investment opportunity at 324 N St Louis Street, in Boyle Heights, awaits its new owner! This two-story apartment building, all 2 bedrooms with 1 bath is 100% occupied and falls under the city of Los Angeles with rent control regulations. Built in 1956, 4452 sq ft of living space and a 7201 sq ft lot. There is a large parking area at the back of the property. Boyle Heights is bordered on the north by Lincoln Heights, on the east by East Los Angeles, on the south by Vernon, and the west by Downtown Los Angeles. Close to major freeways: 5, 10, and 101. It is centered in the culturally rich Boyle Heights area of Los Angeles, close to retail and eateries along Cesar Chavez Avenue. This apartment building is being sold alongside a second apartment building, directly across from this building, also 8 units, all 2 bedrooms and 1 bath. Each lot has its own APN number, and shares an easement entry to the parking lot, being sold together. Please see MLS#PW24187980 for further details on the second apartment building.
Live in One, Rent the Others: Boyle Heights Income Opportunity. Discover the perfect blend of homeownership and income generation in this well-maintained, three-unit property nestled in the desirable and up-and-coming area of Boyle Heights. This unique opportunity allows you to live in the spacious main house while renting out the additional units for substantial passive income. Main House (Delivered Vacant)3 generous bedrooms 2 modern bathrooms Rental Units 2 units, one delivered vacant each featuring: 2 bedrooms 1 bathroom Bonus Unit Additional income potential This property shines with its clean, well-maintained interiors, ready for your personal touch. Don't miss the chance to secure your piece of Boyle Heights and start building wealth through real estate. Ideal for homeowners looking to offset their mortgage with rental income. These units has substantial upgrades to include newer copper plumbing throughout as well as some upgraded electrical. A definite must see.
Bankruptcy Court Equity Sale. Currently leased out on a NNN lease until July 2025. Tremendous potential for rezoning this property to high density Multi-Family residential and other uses. Large lot of nearly 30,000 square feet. Unique property with a large auditorium and many spaces for flexible uses. Beautiful architecture in harmony with the Boyle Heights look and style. Historic building that exudes the vibe associated with Boyle Heights. City of LA is open to considering zoning and use changes. Multiple potential uses including clubs, lodges, and professional associations. Very private building for those companies or organizations who need privacy to conduct their business.
This Church property, situated on the corner of S. St Louis St and 2nd St. in the Los Angeles community of Boyle Heights, consists a decent sqft building area and lot. Its building, having a sanctuary as well as a second level balcony both with fixed seats and having a multi-purpose fellowship hall with a functional kitchen and 4 restrooms, could easily accommodate a good attendance. It also includes some offices for administrative use and small classrooms for various age groups. The property has easy access to 5 and 101 Freeways.
RTI APPROVED and READY TO BUILD Vacant Lot. Property has been demolished to build 4 units comprising of 2 3-story buildings. 5 bedrooms/ 5 baths each unit at 2,000 sqft per unit.
Duplex in Boyle Heights! The front home, built in 1914, features a charming single-level layout with two bedrooms, one bathroom, and 936 square feet of open living space. The back home, constructed in 2007, boasts a modern two-level design with two bedrooms, two bathrooms, and 1,024 square feet. The front unit is vacant, while the back unit is on a month-to-month lease. The property is gated, offering secure parking within the complex. Conveniently located near the 10, 101, 5, and 60 freeways, this duplex provides easy access to major destinations throughout the city.
We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity. Current gross income is $7,130/month, priced current at a 6+% cap rate and 12x GRM. There's approximately 45% upside in potential rents. Given the location, attractive local area amenities, and potential to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Boyle Heights submarket that will provide exponential returns.
Income Property opportunity in the heart of Boyle Heights! This 3-unit building is a diamond in the rough, loads of potential, just needs a little TLC. Perfect for savvy investors, or someone passionate with vision and know how. Each of the three units offers generous space and a flexible layout, making them ideal for modern updates. Whether you're looking to modernize interiors, enhance curb appeal, or explore potential upgrades, the possibilities are endless. The property has an area that could be transformed into a charming garden or communal space, enhancing the overall appeal for future tenants or residents. This property is currently tenant occupied, with the potential to increase rental income, as well as property value through updates and improvements. Live in one and rent out the other units or rent them all out, either way you can't lose with an income property. Its location is in a vibrant and evolving neighborhood which further adds to its appeal. It's next to the freeway and many amazing restaurants. Don't miss out on owning 3 units in the city of Boyle Heights.
This 6,256 SF Building adjacent to the Boyle Heights neighborhood of East Los Angeles. It is located on 6,597 SF LA-M1zoned corner lot. The basement/commercial space is approximately 3,000 SF. The property has approximately 9 on-site parking spaces in addition to ample street parking. This property is located in one of the most up & coming areas of Los Angeles. In a growing area within walking distance to public transportation, parks, schools and shopping areas.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90033 has a population of 3,902,440. Los Angeles 90033 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90033 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90033 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.