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For Sale

$1,250,000

5,986 sqft$209/sqft145 days on market

2156 City View Avenue

Los Angeles, CA 90033

· 8% down, 7% APR, 30yr fixed

14

Beds

7

Baths

5,986

Square feet

1925

Built

Listing narrative

Description

Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 10.64 and a healthy NOI of $81,460, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.

Listing agent (MLS): Will Tiao · Listing brokerage (MLS): The Collective Realty

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

$1,250,000

Beds

14 bd

Type

House

Home Size

5,986 sqft

Baths

7

Lot Size

0.17 acres

Year

1925

Status

For Sale

Days on Market

145

$ / Sqft

$209

· 8% down, 7% APR, 30yr fixed
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Courtesy of The Collective Realty