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$969,000
Est. payment /mo
6 Beds
3,200 SqFt
Active
731 S Boyle Avenue Los Angeles, CA 90023
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Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $302
MLS Listing ID CL25631433
Bedrooms 6
HOA Y/N No
Year Built 1916
Lot Size 8,885 Sqft
Acres 0.2
Property Sub-Type OTHER
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
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N false
View None
Building
Water Public, Other
New Construction No
Others
Tax ID 5183021019

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Listed by Armen Sarkissian • Berkshire Hathaway HomeServices California Properties
A FEW WORDS FROM PAST CLIENTS
NEARBY SCHOOL & BUSINESS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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