3207 E 2nd Street
Los Angeles, CA 90063
- – beds
- – baths
- – sqft
- 4,802 sqft lot
- 1909 build
- – on site
Boyle Heights Triplex – Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Don’t miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to offer.
Listed By CRMLS_CA / Alin Glogovicean / Redfin Corporation
Last checked:
Checking…
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Last updated Oct 31, 2024
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MLS# BB24220777 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1909
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Year Built Source:Public Records
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New Construction:No
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Roof:Asphalt
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:2125.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:3
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Stories Total:1
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# of Separate Gas Meters:3
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Features:Ceramic Counters, Storage, Tile Counters
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Entry Location:front
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Flooring:Wood
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Room Type:All Bedrooms Down
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Fireplace:Yes
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Fireplace:Dining Room
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Laundry:None
Location
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Directions:Cross Streets: E 2nd and S Fresno St
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Latitude:34.03739600
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Longitude:-118.19930100
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LAR2
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Lot Features:Walkstreet
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Lot Size Area:4802.0000
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Lot Size Acres:0.1102
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Lot Size SqFt:4802.00
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Lot Size Source:Assessor
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View:None
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Fencing:Chain Link
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Fence:Yes
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Exclusions:Refrigerator, Washer, Dryer, Stove, Wine Cooler, Outdoor BBQ, Mounted TV, TV Brackets, Coolers/Air Conditioner,
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2041.10
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Tax Tract:unk...
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Tax Lot:2
The Listing
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Special Listing Conditions:Trust
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Parcel Number:5179009002
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)
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Vented Exhaust Fan
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Included:Yes
The Community
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Subdivision:A PALOMA HEIGHTS TR
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Senior Community:No
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Features:Curbs, Sidewalks
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Pool:None
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Private Pool:No
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Spa Features:None
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Inclusions:Cabinets, Storage Shelves, Lighting Fixtures,
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Association:No
Parking
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Parking Spaces:2.00
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Garage Spaces:2.00
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 |
---|---|---|---|---|
10/28/24
Oct 28, 2024
|
Listed / Active | CRMLS_CA | $549,000 |