CA > Los Angeles
Los Angeles, CA 90063,507 S GRANDE VISTA AVE
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$808,000
Est. payment /mo
5 Beds
3 Baths
2,278 SqFt
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UPDATED:

02/06/2025 02:46 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $354

MLS Listing ID SW25023952

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1914

Lot Size 6,346 Sqft

Property Sub-Type Triplex

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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Rooms

Main Level Bedrooms 1

Interior

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry See Remarks

Exterior

Pool None

Community Features Urban

View Y/N Yes

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5186002026

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Newman • Merl Real Estate Corp • 949-491-5911
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If you are disappointed with the options available within your budget, let me know. 95% of the time, I can help "tweak" search criteria and find at least 10 properties that are tempting.

+1(714) 376-8652

diego@1visionproperties.com

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