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$989,000
Est. payment /mo
6 Beds
4 Baths
2,194 SqFt
Open House
Sun Jun 07, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,194 sqft
Price per Sqft $450
MLS Listing ID 26715481
Bedrooms 6
HOA Y/N No
Year Built 1965
Lot Size 5,553 Sqft
Property Description
Back on marketno fault of seller or property; previous escrow canceled due to buyer's financing. Prime investment and owner-user opportunity in the heart of Boyle Heights, just half a block from Cesar Chavez Avenue. This legally permitted triplex offers strong income potential, recent capital improvements, and excellent flexibility for both investors and owner-occupants.The front residence features a vacant 2-bedroom, 1-bathroom unit, ideal for an owner-occupant seeking to offset their mortgage with rental income or an investor looking to lease at current market rates. The two rear units are tenant-occupied and consist of a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit, both on month-to-month agreements, providing immediate cash flow and future flexibility.Current rental income includes Unit A at $2,007 per month and Unit B at $1,750 per month. Recent improvements add significant value and efficiency, including new roofs on all structures (2025), solar installation (2026), separately metered utilities (2026), and mini-split heating and cooling systems in all units (2025), providing year-round comfort.Additional features include covered driveway parking, exterior storage space, and a private outdoor area perfect for relaxing or entertaining. Owner currently pays water, sewer, and gas, while tenants pay electricity and trash.Vacant front unit creates an excellent opportunity for immediate occupancy or lease-up at market rent. A rare opportunity to acquire a well-maintained, income-producing property with upside potential in one of Los Angeles' most established rental markets. Agents, please see private remarks.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features Concrete, On Street
Pool None
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Faces East
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5175028002
Financing Cash,FHA
Special Listing Condition Standard
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Listed by Gina Isaac Nourmand & Associates-HW #01437713
NEARBY SCHOOLS & PROPERTIES
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Marissa Perez
Broker | License ID: 01814964