507 S GRANDE VISTA Avenue
Los Angeles, CA, 90063
$808,000
5 Beds
3 Baths
2,278 SqFt
0.15 Acres
Add
**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City&#39's rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units.

The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.

Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don’t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
LISTING AGENT: Eric Newman
LISTING BROKERAGE: Merl Real Estate Corp
507 S GRANDE VISTA Avenue
Los Angeles, CA

Property Details

Price:
$808,000
MLS #:
SW25023952
Status:
Active
Beds:
5
Baths:
3
Address:
507 S GRANDE VISTA Avenue
Type:
Single Family
Subtype:
Triplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Feb 1, 2025
State:
CA
Finished Sq Ft:
2,278
ZIP:
90063
Lot Size:
6,345 sqft / 0.15 acres (approx)
Year Built:
1914
Ask a Question

See this Listing

Send
  

Schools

School District:
Los Angeles Unified

Interior

Cooling
See Remarks
Fireplace Features
See Remarks

Exterior

Community Features
Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
See Remarks
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

©2024 STACEY ALYSSON MELMAN. ALL RIGHTS RESERVED.