3 Beds
2 Baths
1,392 SqFt
3 Beds
2 Baths
1,392 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,392 sqft
Price per Sqft $646
MLS Listing ID DW26165698
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1951
Lot Size 9,557 Sqft
Property Sub-Type Single Family Residence
Property Description
exceptional investment opportunity in the heart of East Los Angeles! This property comes with approved plans for the
construction of four modern, three-story residential units, each thoughtfully designed with 5 bedrooms and 5 bathrooms—an
ideal layout for today's strong rental demand. Skip the lengthy entitlement process and move directly toward construction
with plans already approved, allowing investors and developers to accelerate their timeline. Once completed, the project is
designed to offer approximately 20 bedrooms and 20 bathrooms across four spacious residences, making it an outstanding
addition to any investment portfolio. Based on the proposed unit configuration and current market conditions, the completed
project has the potential to generate approximately $20,000 per month in gross rental income, though buyers should conduct
their own due diligence to verify rental projections and operating assumptions. Located just minutes from Downtown Los
Angeles with convenient access to major freeways, schools, shopping, restaurants, and public transportation, this is a rare
opportunity to develop a high-demand rental asset in one of East Los Angeles' most established neighborhoods. Highlights:
Approved plans for 4 residential units Three-story building design Each unit features 5 bedrooms & 5 bathrooms Excellent
income-producing potential Prime East Los Angeles location with strong rental demand Buyer to verify all permits, plans,
square footage, rental income projections, and development potential with the appropriate agencies and professionals.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dryer
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard
Dwelling Type House
Story 1
Entry Level One
Sewer Private Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Abc Unified
Others
Senior Community No
Tax ID 5247023021
Acceptable Financing Cash, Conventional, Contract, 1031 Exchange
Listing Terms Cash, Conventional, Contract, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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