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We are pleased to present three single story detached homes located in the East Los Angeles/Boyle Heights Neighborhood area. This property is being offered for sale for the first time in 23 years as it has been family owned, managed and operated for over two decades. Opportunity knocks to invest in this high density zoned (LARD1.5) with triple frontage lot on an 8,715 square foot lot. The three separate structures are outlined with a front house (3 bedroom + 1.5 bathroom, of 1,400 square foot and built in 1929), a middle cottage (2 bedroom + 1 bathroom, of 746 square foot and built in 1982**this unit is not subject to LA City RSO), and a rear cottage (2 bedroom + 1 bathroom, of 936 square foot and built in 1920). A new investor has substantial rental upside potential of +/- 96% with minimum expenses as these units are separately metered for gas and electricity. This location is considered 'Very Walkable with an 85 Walk Score'. Also, it is conveniently located near the 5, 60 and 101 freeways. Please note, this property is subject to Los Angeles City Rent Control (with the exception of 1 unit). Buyer to verify at their own expense.
Property Type(s):
Residential Income
| Last Updated | 3/4/2025 | Year Built | 1920 |
|---|---|---|---|
| Community | Boyle Heights | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AREA | Boyle Heights |
|---|---|
| GARAGE | Uncovered, Yes |
| LOT | 8712 sq ft |
| PARKING | Uncovered |
| STORIES | 1 |
| ZONING | LARD1.5 |
Location
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Listed with Remax Commercial and Investment Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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