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RYAN STEELE

ryan.steele@lptrealty.com +1(818) 900-1859

$ 989,000

Est. payment | -/mo

6 Beds

4 Baths

2,194 SqFt

Save

$ 989,000

Est. payment | -/mo

Save

6 Beds

4 Baths

2,194 SqFt

Open House

Sun Jun 07, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,194 sqft

Price per Sqft $450

MLS Listing ID 26715481

Style California Bungalow

Bedrooms 6

Year Built 1965

Lot Size 5,555 Sqft

Acres 0.1275

Property Sub-Type Multi-Family

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 Boyle Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Multi/Zone, Air Conditioning

Equipment Solar Panels

Exterior

Parking Features Driveway - Concrete, Driveway Gate, On street

Garage Spaces 2.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 1

Architectural Style California Bungalow

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Nourmand & Associates-HW

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