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$ 1,029,000
Est. payment /mo
New
731 S Boyle AVE Los Angeles, CA 90023
6 Beds
4 Baths
3,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $321
MLS Listing ID 25631433
Bedrooms 6
HOA Y/N No
Year Built 1916
Lot Size 8,886 Sqft
Property Description
Here's a fantastic opportunity to purchase an existing cash-producing fourplex with plans for an architecturally significant second building on the 8800+ sq. ft. lot. Prime fourplex including previously approved plans for the construction of five additional units in vibrant Boyle Heights. A stone's throw from the iconic 6th street bridge, DTLA Arts District, Hollenbeck Park, public transit, freeways, and local cultural monuments. Existing building is currently a mix of two 2-bedroom units and two 1-bedroom units totalling 3200 interior sq. ft. Plans for the new building include five 1-bedroom units, one being earmarked as a low-income qualifying unit. Separate gas & electric meters for each unit with one main water meter for the existing building. Take advantage of this growing market already in demand with continued growth, making this an ideal investment opportunity.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Community Features Gated
View Y/N No
View None
Building
Faces East
Story 2
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5183021019
Security Features Carbon Monoxide Detector(s),Gated Community
Special Listing Condition Standard
Listed by Armen Sarkissian Berkshire Hathaway HomeServices California Properties
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