Description

Rare value-add opportunity in Boyle Heights. This former single-family home has been legally converted to a duplex and is in the advanced stages of a complete, permitted rebuild, including a new foundation, new roof, new plumbing, and fully rewired electrical. The duplex features a 2-bedroom, 1-bath unit of approximately 765 sq ft and a 1-bedroom, 1-bath unit of approximately 558 sq ft. Exterior stucco scratch and brown coats are complete, interior drywall is installed throughout, and both bathrooms are finished, leaving the buyer to complete the final finishes. Additional upside: plans have been drawn for two new ADUs of approximately 700 sq ft each, creating a path to a 4-unit property. The projected as-completed value is approximately $2,000,000. Ideal for investors, builders, or owner-users seeking to finish a nearly complete project and capture significant equity. Close to Downtown LA, USC Health Sciences Campus, the Metro, and major freeways. Buyer to verify all square footage, permits, plans, and values.

Property details

Year built

1911

Property type

Residential Income

Lot size

6,758 sqft

Location

1307 Pleasant • Los Angeles, CA 90033

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Listed by

Danny Navarro · Century 21 Allstars

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Residential Income - 1307 Pleasant, Los Angeles, CA