507 S Grande Vista Avenue, Los Angeles, CA 90063
-
Listed Price :
$808,000
-
Beds :
5
-
Baths :
3
-
Property Size :
2,278 sqft
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Year Built :
1914
Property Description
**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.
Interior Features
| Laundry Information |
| Location(s) |
See Remarks |
| Bedroom Information |
| Bedrooms |
5 |
| Bathroom Information |
| Bathrooms |
3 |
| Interior Information |
| Cooling Type |
See Remarks |
Listing Information
| Address |
507 S Grande Vista Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90063 |
| County |
Los Angeles |
| Listing Agent |
Eric Newman DRE #01294882 |
| Courtesy Of |
Merl Real Estate Corp |
| List Price |
$808,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Triplex |
| Structure Size |
2,278 |
| Lot Size |
6,345 |
| Year Built |
1914 |
Listing information courtesy of: Eric Newman, Merl Real Estate Corp. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 2nd, 2025 at 4:24 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
