$949,000
731 S Boyle Avenue
Los Angeles, CA 90023
6
Beds
4
Baths
3,200
Square feet
1916
Built
Listing narrative
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.
Property Details
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Price
$949,000
Beds
6 bd
Type
House
Home Size
3,200 sqft
Baths
4
Lot Size
0.20 acres
Year
1916
Status
For Sale
Days on Market
313
$ / Sqft
$297
Courtesy of Berkshire Hathaway HomeServices California Properties






