Los Angeles, CA90033
| 2656 sqft | MLS# GD25113932
Tract:
For Sale $1,165,000
Description
THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updated—including electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 6–8 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional units—buyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.
Facts
| Built in 1959 | Lot Size: 5199.00 sqft | HOA Dues: $0/month
Features
Listing provided by Andrea Megerdichian, Luxury Collective
Based on information from California Regional Multiple Listing Service, Inc. as of May 26, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
