Refine Search
Sort by
1642 Murchison St, Los Angeles
$2,295,000
BB26212279 MLS ⋅ Active Status
1642 Murchison St is a 2026-built designer fourplex in prime Boyle Heights, FULLY LEASED now and just minutes to Downtown LA and the Arts District. Located near major employment hubs including LAC+USC Medical Center, Keck Hospital of USC, USC Health Sciences Campus, and Cal State LA, the property benefits from strong and consistent rental demand. The property features four spacious, townhome-style units with living areas on the first floor, bedrooms above, and private two-car parking for each unit. The unit mix of ALL 5 bedroom, 5 bathroom units is ideal for both roommate-style and family living, maximizing rental flexibility and income potential. Currently 100% leased and delivering a 7.00% cap rate, the property is generating $201,480 in gross income and over $56,000 in annual cash flow. Offered at $2,295,000, this represents a highly competitive basis at $573,750 per unit and $289/SF. With ALL units leased, high-yield returns, and durable new construction design, 1642 Murchison stands out as a compelling, turnkey investment opportunity in a high-demand rental market.

1642 Murchison St, Los Angeles

2019 City View, Los Angeles
$800,000
CV26210517 MLS ⋅ Active Status
Turnkey 4 unit in the heart of Boyle Heights, minutes from Downtown LA and steps from everything East LA has to offer. 100% occupied and cash flowing from day one, with easy 10 Freeway access and less than a mile to the Metro L Line at Soto Station. The original 1923 duplex sits up front (2019: 1BD/1BA, 2021: 2BD/1BA), both fully remodeled with new flooring, paint, kitchens and bathrooms, move-in ready. Behind it, two permitted studio ADUs constructed in 2024 with a valid Certificate of Occupancy on file (issued 9/17/24). ADU's are completely turnkey with new cabinets, countertops, flooring, bathrooms, and each one running its own split-system HVAC. Every unit is individually metered for electric. Prime location near White Memorial, LAC+USC, and Keck Hospital of USC makes this a strong hold for tenant demand tied to the area's massive healthcare and university employment base. Grant of up to $20,000 may be available to eligible buyers, subject to lender approval and program terms. Inquire with listing agent for more details.

2019 City View, Los Angeles

1120 S Boyle, Los Angeles
$6,999,999
PW26209516 MLS ⋅ Active Status
Prime 20,152 SF Industrial Parcel | DTLA / Boyle Heights Transit Corridor. Exceptional opportunity for builders, developers, and owner-users to acquire an approximately 20,157 sq. ft. industrial lot positioned right at the strategic confluence of the US-101, CA-60, and I-5 freeway interchange. *Zoned [VM1-WH1-3][IX5-FA][CPIO] (City of Los Angeles Restricted Light Industrial Zone) buyer to verify. Possible flexible utility for modern logistics, fleet storage, creative industrial spaces, warehousing, or custom commercial facilities....AGAIN.....BUYER AND BUYER'S AGENT TO VERIFY USE. *Immediate Cash Flow / Covered Land Play: The parcel has long served as storage for the neighboring business. There is currently no visible or physical division between said parcels and the neighboring currently connected current owner business to the South. New owner would need to create a physical separation, wall or zero lot build as permitted by city to separate from neighboring existing parcel. The seller is needing to lease back the property for at least one year (lease terms and rent negotiable) to liquidate and move existing merchandise on said parcel, delivering immediate holding income while you finalize project design, entitlement, and building permits. Some existing structures will remain once property is fully vacated at the end of said lease. Seller states or makes no claims as to the legitimacy of permits, legality, if any, of said remaining existing structures. Property is being sold for land value only. *Unmatched Regional Access: Immediate on/off access to the 101, 60, and 5 freeways provides rapid connectivity across Downtown Los Angeles, the San Gabriel Valley, Orange County, and the greater Southern California logistics network. *Dynamic Surrounding Growth: Situated moments from the booming DTLA Arts District, historic Boyle Heights, and the iconic Sixth Street Viaduct corridor. Area continues to benefit from major urban infrastructure investments, including the Sixth Street PARC project, creative studios, and extensive regional commercial revitalization. Drive-by anytime. On-site access and interior walkthroughs are strictly by appointment only. Please do not disturb the current occupant. ***Buyer and buyer’s agent to conduct their own independent due diligence and verify all information, including zoning designations, building codes, permitted uses, violations, if any, lot dimensions, easements, and development potential with the City of Los Angeles.***

1120 S Boyle, Los Angeles

507 S GRANDE VISTA Avenue, Los Angeles
$785,000
5 Beds ⋅ 3 Baths ⋅ SW26197208 MLS ⋅ Active Status
OWNER UNIT WITH TWO ADDITIONAL UNITS — OFFERED - Approximately 2,278 sq. ft. on a 6,345 sq. ft. lot in West City Terrace/North Boyle Heights. Reported configurations: 507: 4 beds/2 baths; 507¼: 1 bed/1 bath; 507½: 2 beds/1 bath. Unit status, room counts, and permitted uses require verification with City Planning and applicable city departments. Being sold in AS-IS Condition. The Proposed Improvements, optional repairs, and upgrades are available at an additional cost and are not included in the purchase price. Financing may be available, subject to qualifications and lending requirements. Convenient access to Downtown Los Angeles, employment centers, shopping, and transportation. Nearby advertised rents range from approximately $1,750–$2,300 monthly for one-bedroom units and $3,200–$3,650 for three-bedroom homes. These are market references, not current property income or guaranteed rents.

507 S GRANDE VISTA Avenue, Los Angeles

1233 N Evergreen Avenue, Los Angeles
$550,000
4 Beds ⋅ 1 Baths ⋅ 26991769 MLS ⋅ Active Status
Fixer jewel in Boyle Heights. Opportunity knocks! Nestled in a central and highly convenient location, this contemporary 4-bedroom, 1-bathroom single-family home is bursting with potential. Zoned R2-1, the property features classic hardwood floors and includes a 2-car detached garage. While it needs some TLC, it represents an incredible opportunity for investors or buyers looking to customize their dream home. Enjoy seamless commuting with quick access to the 5, 10, 60, 710, and 101 freeways. You are just a short distance from downtown Los Angeles, Monterey Park, Alhambra, Pasadena, and South Pasadena. The home is also situated near top-tier institutions, including the USC Keck Clinic/LA General Medical Center, USC, and ELAC, as well as an abundance of local restaurants, shops, and public transportation. There is a detached large bonus room in the back yard. Additional large detached room in the back yard. Potential to convert into an ADU; Buyer to verify. Needs TLC. Motivated Seller

1233 N Evergreen Avenue, Los Angeles

1127 Calzona, Los Angeles
$730,000
DW26201601 MLS ⋅ Active Status
Excellent income-producing opportunity in the heart of Los Angeles! This multi-unit property features three (3) separate residences, each offering 1 bedroom and 1 bathroom, ideal for an investor seeking a turnkey portfolio addition or an owner-user looking to offset their mortgage. Conveniently located near local shopping, dining, schools, and major freeway access points, this property offers easy connectivity to Downtown LA and surrounding communities. A fantastic opportunity to add a solid multi-unit asset to your investment portfolio in a centrally located, high-demand area of Los Angeles. Buyer to verify all information, including but not limited to square footage, unit configurations, permits, and zoning, to their full satisfaction.

1127 Calzona, Los Angeles

304 S Lorena Street, Los Angeles
$885,000
PW26204337 MLS ⋅ Active Status
Rare Find! Two Fully Remodeled Units on a Spacious Corner Lot in Los Angeles! Don’t miss the opportunity to own two beautifully remodeled units on an oversized lot with incredible potential and privacy. The front unit showcases a thoughtfully designed open floor plan with 2 bedrooms, 2 bathrooms. One bedroom features an en-suite bathroom, while the other two bedrooms share a Jack-and-Jill bath. . The kitchen, dining, and living areas flow seamlessly together, featuring recessed lighting, fresh interior paint, dual-pane windows, new SPC water-resistant flooring, and ceiling fans in every room. The brand-new kitchen includes modern countertops, soft-close drawers, a new dishwasher, and a microwave. The second unit is a private 1-bedroom, 1-bathroom home with upgrades throughout, including a remodeled kitchen and bathroom, fresh interior paint, SPC flooring, dual-pane windows, new ceiling fans and recessed lighting—ideal for extended family or rental income. The property sits on a large corner lot offering a long driveway, and a separate backyard. In the outside you have artificial turf, and cement areas, ideal for low-maintenance. Conveniently located near freeways, schools, shopping, dining, and all that Los Angeles entertainment has to offer—this property is perfect for investors or multi-generational living.

304 S Lorena Street, Los Angeles

3009 3015 Wabash, Los Angeles
$1,470,070
CV26203971 MLS ⋅ Active Status
Owner-user and mixed-use development opportunity in Boyle Heights. 3009–3015 Wabash Avenue consists of approximately 3,850 SF of commercial improvements on approximately 9,341 SF of land. The property is zoned [LM3-G2-3][CX5-8][CPIO], supporting residential and neighborhood-serving commercial uses. All three storefront tenants are currently month-to-month, providing ownership flexibility to deliver the commercial building vacant at close of escrow. The property is also subject to an existing Lamar Advertising billboard lease; Lamar has advised that the current term extends through December 31, 2029. Buyer to independently review and verify the billboard lease and all development rights. Located directly across from a new 55-unit residential development. Asking price: $1,470,700, approximately $382/SF.

3009 3015 Wabash, Los Angeles

527 N Cummings Street, Los Angeles
$1,375,000
11 Beds ⋅ 7 Baths ⋅ 26988863 MLS ⋅ Active Status
Perfect OWNER/USER in Boyle Heights - Fabulous opportunity to own this trophy property with a low down payment financing programs - HUGE 3bed+2bath UPDATED beautiful apartment currently VACANT for IMMEDIATE OWNER OCCUPANCY / OR - New owner can rent out the apartment to create Great cash flow !!! investment property a half block from Caesar Chavez Blvd restaurants and shops, minutes from downtown LA , Art district, the 6th st Viaduct /bridge and all major Freeways . This magnificent trophy property is located on a knoll with great views from every apartment. The owners have Completely redesigned and reimagined this grand two stories Fourplex throughout, Within the last five years. The front building has a 4bed+ 2 Bath upper unit and a 3bed+2bath lower unit. The rear building has a 2bed+2bath upper unit and a 2bed+1 bath lower unit. The property was extensively remodeled with new custom cabinets in kitchens and bathrooms, new laminated floors throughout, new designed bathrooms with new granite and quartz counter tops, newer tiling and newer fixtures, new paint , elaborated designer finishes, great attention to details, etc... No sign on the property. Do not disturb tenants, Call agent for more information. owner's unit can be shown to qualified buyers with 24hrs notice.

527 N Cummings Street, Los Angeles

341 N Savannah Street, Los Angeles
$650,000
5 Beds ⋅ 4 Baths ⋅ 26988673 MLS ⋅ Active Status
DEVELOPMENT AND VALUE ADD OPPORTUNITY ON AN APPROXIMATELY 9,564 SQUARE FOOT LOT IN BOYLE HEIGHTS. Offered at $650,000, 341 & 343 N. Savannah St. gives investors and developers an opportunity to acquire an existing income producing duplex on a substantial residential parcel recently rezoned under the Boyle Heights Community Plan Update and the City of Los Angeles Chapter 1A Zoning Code. The property is now zoned [VN1-MU3-4][RX2-15][CPIO]. Under the new zoning framework, Density District 15 generally provides a base density of one dwelling unit per 1,500 square feet of lot area, creating the potential for approximately six units on a parcel of this size, subject to applicable development standards, City requirements and buyer verification. The existing property consist of two residential units: 341 N. Savannah is a 2 bed, 2 bath unit and 343 N. Savannah is a 3 bed, 2 bath unit over two separate garages. The property also includes two garages, a gated driveway and substantial on site area providing several possibilities for a buyer evaluating the site's long term use. The new Boyle Heights zoning framework includes development standards intended to facilitate residential infill, including reduced side and rear setbacks in applicable residential form districts. The property's size and existing configuration may provide an opportunity to evaluate additional residential development while retaining some or all of the existing improvements or other redevelopment strategies permitted under current regulations. Buyer to investigate and verify. The property is located within the Boyle Heights Community Plan Implementation Overlay (CPIO), which contains additional development regulations and potential incentive programs. Buyers should independently investigate the property's applicable CPIO provisions and any available density, affordable-housing or other development incentives. Both units are occupied by long term tenants and the property is being sold with the existing tenants in place. The property is subject to the Los Angeles Rent Stabilization Ordinance (LA RSO). The units are habitable with no known violations and provide additional long term value add potential through renovation if and when a unit becomes vacant. Owner currently pays water and sewer and tenants pay their own electricity and gas. 341 & 343 N. Savannah St. offers a combination of existing rental income, a large approximately 9,564 square foot lot, new Chapter 1A zoning and potential for additional residential development in Boyle Heights. Property sold with tenants in place. Drive-by only. Please DO NOT disturb occupants. Buyer to independently investigate and verify zoning, density, allowable floor area, building height, setbacks, CPIO requirements and incentives, ADU potential, tenant protections, development feasibility and all other property information.

341 N Savannah Street, Los Angeles

718 S Grande Vista, Los Angeles
$899,000
PW26201513 MLS ⋅ Active Status
LOS ANGELES DUPLEX WITH A REMODELED FRONT UNIT AND ROOM TO EXPLORE EXPANSION! Two 3-bedroom, 2-bath residences sit on a large R2-zoned lot with a spacious rear area offering potential for additional development. The front unit has been completely remodeled, and the upgraded front driveway provides additional parking. A compelling opportunity for buy-and-hold investors or buyers looking to live in one residence and rent the other/ Enjoy the flexibility of two residences while exploring the property’s longer-term possibilities. Have a piece of the pie into the growth and development Boyle Heights is currently​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ undergoing.

718 S Grande Vista, Los Angeles

518 S Concord, Los Angeles
$798,500
3 Beds ⋅ 2 Baths ⋅ OC26200665 MLS ⋅ Active Status
WOW!!! DUPLEX FOR SALE! Presenting two charming bungalow-style duplex units in Boyle Heights, featuring a large private driveway and plenty of private parking space! The front unit offers a 2-bedroom, 1-bathroom floor plan with a private front patio. The rear residence features 1 bedroom and 1 bathroom—a perfect opportunity for owner-users to live in the front unit and offset their monthly mortgage with rental income from the second unit! The property also boasts a spacious rear yard with ample room for storage and outdoor enjoyment, along with two large storage structures offering tons of potential for your own projects. Buyer to independently verify all property information, including square footage and room dimensions. Property is going to be delivered UNOCCUPIED!

518 S Concord, Los Angeles

2441 Fairmount, Los Angeles
$1,049,100
CV26197864 MLS ⋅ Active Status
Excellent and the Best Four (4) unit apartment complex located at 2441 Fairmount St In Los Angeles . This low maintenance, low -cost building offers a balanced investment profile with both stability and upside potential Perfect opportunity for owner to live one unit and collecting rent from the others. ***Currently 1 unit 2 Bedrooms 1 bathroom just vacant and is being kept temporarily available for showings, providing immediate flexibility for a new owner - giving optionality for interested buyers to live in one units while renting out the others, or easily rent out at higher market rate. This unit features newly updated interiors, laminate flooring, kitchen with quartz countertops and cabinets, 2 sinks in the bathroom with update vanity, 2 bedroom with ceiling fans.*** This 4 unit Building featuring 1 unit 3 Bedrooms 1 Bathroom 2 units 2 Bedrooms 1 Bathroom each, and 1 unit 2 Bedrooms 2 bathroom. 2 units has had some upgrade. The property is zoned R3-1-CUGU, with expansive lot size of 7,003 SF, and alley access, where it may be possible to build an additional ADU. Conveniently near the 5, 10, 60, and 710 freeways. Located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley. This is an ideal investment property! Must see to apricate.

2441 Fairmount, Los Angeles

3524 Hunter Street, Los Angeles
$748,800
3 Beds ⋅ 3 Baths ⋅ CV26196260 MLS ⋅ Active Status
Beautiful newer construction featuring a spacious open concept layout and modern finishes throughout. The living area flows seamlessly into the updated kitchen featuring quartz countertops, custom blue cabinetry, stainless steel appliances, designer tile backsplash, recessed lighting, and plenty of storage and counter space. Upstairs you’ll find generously sized bedrooms with updated flooring and great natural light, including a primary suite with an upgraded private bathroom. Additional features include remodeled bathrooms, indoor stackable laundry, dual pane windows, central HVAC, and contemporary fixtures throughout. Enjoy a private gated yard with space for entertaining, pets, or gardening, along with gated rear access, additional parking, and a garage. Conveniently located near shopping, dining, freeways, and local amenities. A great opportunity to enjoy a newer home with modern updates and plenty of functional living space.

3524 Hunter Street, Los Angeles

2505 Chelsea, Los Angeles
$699,000
AR26194839 MLS ⋅ Active Status
Unmatched Value-Add Density Expansion in Boyle Heights! Located blocks from the Keck School of Medicine of USC Hospital, this unique corner-lot residential income property features 5 detached/semi-detached 1BD/1BA units on an expansive ±7,971 SF parcel. Perfect for a 1031 exchange or seasoned developer looking to skip the municipal red tape: LADBS plan checks are already completed for 2 brand-new, 2-story detached units (892 SF & 894 SF). While the 5 existing character units built in 1924 offer consistent historical occupancy under LARSO, the 2 new construction units qualify for full Costa-Hawkins exemptions—bypassing legacy rent-control caps to allow immediate market-rate cash flow. Driveway access accommodates future parking allocations seamlessly. Transform this asset from a stable 2.93% current cap into a massive 10.4% projected stabilized return. Sold "As-Is" with all plans and engineering conveyed at close.

2505 Chelsea, Los Angeles

1226 Van Pelt Avenue, Los Angeles
$900,000
IV26194546 MLS ⋅ Active Status
Excellent duplex opportunity in a centrally located Los Angeles neighborhood! This well-kept and modern property features two separate units, offering flexibility for owner-occupants, multi-generational living, or investment potential. The upper-level unit offers 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with its own en-suite bathroom and access to the backyard and patio. The unit features a comfortable layout, modern touches, and beautiful views from the upper level. The lower-level unit includes 1 bedroom and 1 bathroom, providing a functional and private living space. The property also includes a detached one-car garage. Conveniently located near the border of Downtown Los Angeles and just minutes from Cal State LA, this duplex offers easy access to shopping, dining, entertainment, and major transportation routes. A great opportunity to own a versatile income-producing property in a highly convenient Los Angeles location!

1226 Van Pelt Avenue, Los Angeles

327 N Chicago, Los Angeles
$3,860,000
CV26194101 MLS ⋅ Active Status
Introducing an exceptional investment opportunity at 327 N Chicago Street—a newly constructed six-unit multifamily property in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Designed for efficiency and low-maintenance ownership, the property features separately metered gas and electricity, modern energy-efficient systems, fire sprinklers, and contemporary finishes throughout. With a Walk Score of 92, residents are within easy reach of public transportation, neighborhood shops, restaurants, and everyday conveniences. The property is also ideally positioned near the USC Health Sciences Campus, Downtown Los Angeles, the Arts District, the Metro A Line, Union Station, and major bus routes. Convenient access to the 5, 10, 60, 101, 110, and 710 freeways provides outstanding connectivity throughout Greater Los Angeles. Combining new-construction advantages with a highly accessible urban location, this rare six-unit offering presents an attractive opportunity for investors seeking a modern income-producing asset in the vibrant 90033 ZIP code. Don’t miss the chance to own a distinctive multifamily property in a location where convenience, growth, and long-term potential come together.

327 N Chicago, Los Angeles

3081 Guirado, Los Angeles
$629,999
2 Beds ⋅ 2 Baths ⋅ CV26193376 MLS ⋅ Active Status
Welcome to a beautifully renovated 2-bedroom, 2-bathroom residence combining modern finishes with comfortable single-level living. The bright interior features wide-plank flooring, recessed lighting, ceiling fans and a contemporary kitchen with two-tone cabinetry, quartz-style countertops, quartz-inspired backsplash, matte-black hardware and a spacious peninsula. Both bathrooms offer stylish tilework and black fixtures, including a tub-and-shower combination and a separate walk-in shower. Additional highlights include indoor laundry hookups, updated windows, a tankless water heater, a covered front porch, extended driveway and detached one-car garage. Convenient access to Downtown Los Angeles, neighborhood shopping, dining, public transportation and major freeways. Thoughtfully refreshed from the inside out and ready for its next owner

3081 Guirado, Los Angeles

3475 Union Pacific Avenue, Los Angeles
$1,775,000
26921125 MLS ⋅ Active Status ⋅ Stark Studio BLDG.
Welcome to 3475 Union Pacific, an artist compound featuring two separate studio spaces totaling 4,476 sq ft and gated parking for five. This private compound is situated on an 8,380 sq ft lot in the vibrant, creative community of Boyle Heights. The property offers a generous building-to-land ratio for the area's standards, with 4,476 square feet across two standalone buildings. The main building is a reimagined artist loft with 20-foot ceilings, gorgeous natural lighting, polished concrete floors, a 12-foot roll-up gate, and a custom gourmet kitchen. It also boasts a beautiful bathroom with a shower and a versatile second-story loft currently used as a sleeping space. This building has been meticulously updated with new drywall, industrial heating and air conditioning, upgraded electrical and plumbing, skylights, and separate storage and laundry rooms. The high-end renovations included new plumbing, HVAC, an alarm system, windows and doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The second building has also been thoroughly renovated and is currently used as a wood shop with a separate office and full bathroom. It features a new roof, upgraded electrical, concrete floors, wall-mounted mini splits, a separate office space, and a motorized roll-up door. Gated and private, this property offers immense potential for a music studio, gallery space, art studio, creative office space, woodworking studio, and much more. With its versatile layout, it is ideal for a wide range of artistic owner-users seeking an adaptable workspace. The property features two separate structures, making it a great opportunity for an owner-user to lease out one building and occupy the other. The property's power capacity ranges from 120V to 480V (2 meters), and it is located within a qualified Opportunity Zone in the East Los Angeles State Enterprise Zone. Owner-users occupying 51% or more of the building may qualify for SBA 504 financing with as little as 10% down, or conventional financing with 15% down, at current fixed rates of around 7%. Additional features include a custom automatic gate, solar outdoor lights, and an electric vehicle charger. This property is designed to inspire and support your artistic endeavors with its incredible flow and dynamic energy. Don't miss this unique opportunity to own a fully renovated turnkey creative office/art studio/manufacturing space in LA, zoned M2, with a projected rent for a highly improved building like this at $2.80 PSF and a 6.2 CAP return for investors.

3475 Union Pacific Avenue, Los Angeles

3249 E 4th Street, Los Angeles
$985,000
WS26189594 MLS ⋅ Active Status
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent from $57,214/year to approximately $105,600/year, an increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.

3249 E 4th Street, Los Angeles

3249 E 4th, Los Angeles
$985,000
8 Beds ⋅ 4 Baths ⋅ WS26189528 MLS ⋅ Active Status
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent ($57,214 annual to approximately $105,600 annual. An increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.

3249 E 4th, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

How much is your home worth?

Get instant property value now!