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6-Bedroom ResidentialIncome — 731 S Boyle Avenue, Los Angeles, CA

$969,000

731 S Boyle Avenue, Los Angeles, CA

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About this property

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

Bedrooms
6
Bathrooms
4
Square feet
3,200
Year built
1916
Property type
ResidentialIncome

Location

731 S Boyle Avenue • Los Angeles, CA 90023

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Listed by

Armen Sarkissian · Berkshire Hathaway HomeServices California Properties