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$995,000
10 Beds ⋅ 5 Baths ⋅ 26849701 MLS ⋅ Active Status
We are pleased to present 505 S. Chicago Street, a five (5) unit multifamily investment opportunity in the heart of Boyle Heights. Comprised of two separate two-story structures, this wood-frame and stucco building sits on a raised foundation and offers 4,902 SF of living space on a 7,500 SF lot. Originally built in 1905, the property has been reinforced and upgraded to comply with the latest city codes and regulations, giving a new owner a well-maintained asset with lasting character. The building features a strong unit mix of three 2-bed / 1.5-bath units and two 2-bed / 1-bath units, all with spacious floor plans. The property is 100% occupied and subject to the City of Los Angeles Rent Stabilization Ordinance. Additional features include five on-site parking spaces and individual gas and electric metering, keeping operating costs low for ownership. Current gross income is $7,642 per month, priced at a 7.0% cap rate and 10.8x GRM, with approximately 50% upside in potential rents. With its prime location, attractive local amenities, and significant room to grow rental income, this is a rare opportunity to acquire a premier, income-producing asset in one of LA's most dynamic and appreciating submarkets.

505 S Chicago Street, Los Angeles
$949,000
4 Beds ⋅ 2 Baths ⋅ 26833669 MLS ⋅ Active Status
This distinguished 1902 Colonial blends timeless architecture, generous scale, and thoughtful modern updates in one of Los Angeles' most historic Eastside neighborhoods. Ideally located just minutes from Downtown Los Angeles, the Arts District, and the iconic Sixth Street Viaduct, this remarkable home offers the perfect balance of historic character and urban convenience. From the moment you arrive, the home captivates with its classic Colonial architecture, striking bay windows, and charming second-story balcony overlooking the front yard, an inviting spot to enjoy your morning coffee. Inside, modern updates have been carefully integrated while preserving the home's original craftsmanship and historic integrity. Rich architectural details, spacious rooms, and abundant natural light create a warm, inviting atmosphere throughout. The thoughtfully designed floor plan offers exceptional flexibility, with generously sized rooms that can easily adapt to changing lifestyles, whether for bedrooms, a home office, creative space, or guest accommodations. A cozy den with a fireplace adds warmth and versatility to the main level. Outside, the expansive backyard provides exceptional space for entertaining, gardening, or future expansion, including excellent ADU potential (buyer to verify). A detached shed with electricity offers incredible flexibility as a workshop, studio, creative space, or additional storage. Private gated parking accommodates multiple vehicles.A rare opportunity to own a beautifully preserved piece of Los Angeles history, this distinctive residence offers timeless character, versatile living spaces, and an unbeatable location just moments from some of the city's most exciting dining, arts, and cultural destinations.

713 S Chicago Street, Los Angeles
$859,999
5 Beds ⋅ 3 Baths ⋅ DW26067664 MLS ⋅ Active Status
Welcome home to this Spanish style single-family residence 5 Bedrooms 2 1/2 baths perched on a huge street-to-alley double lot totaling 9,783 sq ft. This property is in a Mix use Residential/Industrial area. Zoned LCM1. featuring two curb cuts. All new flooring, kitchen cabinets, interior/exterior paint, new fence. New electrical wiring and panel, newer plumbing and a bonus room with it's on kitchenette and private entry way that can be used as a separate living Quarters. Property has endless potential and to much more to mention. Take advantage of this East Los Angeles neighborhood, an unincorporated sector of LA County. Just a few miles from everything with easy access to the 5, 10, 101, 710, and 60 freeways. Possibilities for light manufacturing businesses, industrial office, food truck commissary, contractor hubs, storage/warehouse, an adaptive reuse project and much more. Seller is very motivated and may help with buyers Concessions!!!!!!!!!!

1521 N Bonnie Beach, Los Angeles
$725,000
PW25256972 MLS ⋅ Active Under Contract Status
Investment Opportunity in the Heart of Boyle Heights! Don’t miss this incredible opportunity to own a duplex in the vibrant City of Boyle Heights, just minutes from Downtown LA, the Arts District, Union Station, USC Keck Medical Center, and Cal State LA. This property features two spacious units, each offering 2 bedrooms and 1 bathroom. The large backyard provides ample parking space and plenty of room for future enhancements or potential development. With LARD1.5 zoning, this property offers multiple possibilities, perfect for: A first-time buyer looking to live in one unit and rent out the other, a 1031 exchange up-leg, or an investor seeking an income-producing or redevelopment opportunity. Enjoy the convenience of being close to major freeways (10, 710, 60, 5, 110, and 101) and a short distance from Metro stations, making this a prime location for commuters and city enthusiasts alike. This is your chance to invest and own in one of Los Angeles’ most desirable and fast-growing neighborhoods, Boyle Heights! UPDATE: Seller now indicates one unit may be delivered vacant at closing. Property has been on the market due to prior tenant occupancy constraints; this creates a new opportunity for owner-users or investors. Buyer to verify.

2811 -2813 E Boulder Street, Los Angeles
$795,000
CV25243701 MLS ⋅ Active Status
$ 795000 price dropped for fast sale...FULLY LEASED FOR SALE, 1275, 1273 & 1273 1/2 S ALMA AVE, RESIDENTIAL INCOME. 3 ON A LOT PLUS THE UNKNOWN IF PERMITTED GARAGE CONVERTED INTO A STUDIO WITH OWN BATHROOM. ( Triplex Property For Sale ) The front unit is a Duplex one-bedroom, one-bath unit. ** Rear House**: Two bedrooms, one bath, plus a bonus room used as a 3rd bedroom. All units are currently rented and will be delivered with tenants in possession. The property is being sold as-is in its present condition. If you're interested in a multi-family investment or looking for a great opportunity. IN FAIR CONDITION. FULLY LEASED. Make this treplex yours, must quaalied for the fha plus certain restrictions apply.. Total income $4600 + $600 ( $5,200)

1273 S Alma, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.