2028 Pennsylvania Avenue
Los Angeles, CA 90033
- – beds
- – baths
- – sqft
- 14,717 sqft lot
- 1966 build
- – on site
Prime 12-Unit Investment Opportunity in Boyle Heights ! An exceptional opportunity to acquire a 12-unit multifamily property in the heart of Prime Boyle Heights! Situated on a huge corner lot, this investment features three buildings, one 10-unit building and two standalone units, offering an excellent unit mix with strong rental demand. With 30% upside in rents, this property presents a tremendous value-add opportunity for investors. Seven units have already been fully remodeled, featuring new flooring, modern kitchen cabinets, upgraded appliances, and more. The remaining units provide the potential for additional renovation and increased rental income.Located in an A+ location, this asset benefits from strong tenant demand, proximity to major employment hubs, and easy access to public transit, freeways, and vibrant neighborhood amenities. Don't miss this rare chance to own a high-potential investment in one of Los Angeles' most dynamic rental markets! The property address is 117 N St Louis St. LA CA 90033 also with APN: 5183-007-041.
Last checked:
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Last updated Mar 28, 2025
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MLS# 25517167 —
The Building
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Year Built:1966
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Year Built Source:Other
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New Construction:No
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Building Area Total:10233.00
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Total Number Of Units:12
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# of Buildings:3
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:South of Cesar Chavez, On the corner of Pennsylvania and St. Louis
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Latitude:34.04573100
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Longitude:-118.21371500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:14717.0000
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Lot Size Acres:0.3379
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Lot Size SqFt:14717.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5183007041
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:11.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | CRMLS_CA | $2,195,000 | 37.2% (4.3% / YR) |
|
8/10/16
Aug 10, 2016
|
CRMLS_CA | $1,600,000 |
