2440 Cincinnati Street, Los Angeles, CA 90033

About this triplex

Great investment opportunity in Boyle Heights, can be great for an owner-user or a developer. The property is zoned R3, with endless opportunities to build multi-units. The largest unit, approx. 1100 sq.ft. is vacant and has a large living room, kitchen with granite countertops, a laundry area, 3/4 bath, with a large bedroom with an attached full bathroom. Perfect opportunity to live in the property and rent out the other units. Additional units are both 1 bed, 3/4 bath, approx. 700 sq.ft. and are tenant occupied but can be delivered vacant. The property is gated and secured. Alley access provides parking for multiple cars on a concrete pad. It needs a little TLC to get maximum rents, but the prime option is to build 4 brand new units as they did right next door. This property is located in a Tier 3 TOC. Great opportunity in the heart of Boyle Heights! Close to freeways, the metro station, shops, and a bike ride away to the Arts District in DTLA.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$780,500

Sold October 2023 · listed $788,000, on market August 2023 · MLS #PF23145458 · Source: CRMLS

Listing Agent: Will Kaliel · Listing Office: Coldwell Banker Residential · Contact: 626-445-5500 · Bought with: Will Kaliel · Coldwell Banker Residential

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