7-Bedroom ResidentialIncome — 127 N Savannah Street, Los Angeles, CA
$945,000
127 N Savannah Street, Los Angeles, CA
About this property
SIGNIFICANT PRICE REDUCTION PRICED TO SELL! Rare opportunity to acquire a versatile 4-unit compound in the heart of Boyle Heights, offering an exceptional blend of owner-user appeal, income potential, and long-term investment value. Situated on a single lot with two separate buildings, this unique property provides privacy, flexibility, and multiple occupancy options. The front residence is an impressive two-story Spanish-style home featuring 5 bedrooms and 4 bathrooms, ideal for owner occupancy, multigenerational living, or maximizing rental income. The rear building offers three well-maintained 1-bedroom, 1-bathroom units, creating diversified income opportunities, while the detached 3-car garage presents additional utility and potential value-add possibilities (buyer to verify). Separate gas and electric meters enhance operational efficiency and simplify property management. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking the advantages of owner-occupied living with supplemental rental income, this property offers the flexibility to meet a variety of investment strategies. Ideally located just five blocks from the Metro and minutes from Downtown Los Angeles, USC Medical Center, major freeways, dining, shopping, and entertainment, the property benefits from strong connectivity in one of Los Angeles' most established and evolving neighborhoods. Opportunities to acquire a property offering this combination of size, versatility, location, and income potential at this price point are increasingly rare.
Property details
Location
127 N Savannah Street • Los Angeles, CA 90033
Listed by
Jun Hee Lee · High Equity Real Estate Service, Inc.