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For Sale

$949,000

3,200 sqft$297/sqft313 days on market

731 S Boyle Avenue

Los Angeles, CA 90023

· 8% down, 7% APR, 30yr fixed

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.

Listing agent (MLS): Armen Sarkissian · Listing brokerage (MLS): Berkshire Hathaway HomeServices California Properties

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Berkshire Hathaway HomeServices California Properties