507 S Grande Vista Avenue, Los Angeles, CA 90063 - Berkshire Hathaway HomeServices California Properties

507 S Grande Vista Avenue, Los Angeles, CA 90063

$808,000 Approx. USD 5 beds, 3 baths
2,278 sqft

Listing Agent


Eric Newman | enewman@enewmanrealty.com
Lic#: 01294882
Broker: Courtesy of Merl Real Estate Corp

Agent Remarks

**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'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 Details

Property type: Triplex (Single Family)
Status: Active
MLS# SW25023952
Price: $808,000
HOA Fee is $0.00
Beds: 5
Baths: 3 (3 full)
See Remarks fireplaces
Built in 1914
2,278 sqft
1 story
0.15 acres
Lot size: 0.1457
County: Los Angeles
Lot description: TwoToFiveUnitsAcre
Heating/cooling: See Remarks
MLS area: BOYH - Boyle Heights

Last Updated: 2/6/2025

 Days On Market (DOM): 117

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.033824, -118.201688.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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