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507 S Grande Vista Avenue

Los Angeles, CA 90063

5 beds
3 baths
2,278 sqft
6,345 sqft lot
$354 per sqft
1914 build
– on site

**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.

Listed By CRMLS_CA / Eric Newman / Merl Real Estate Corp / 949-491-5911

Last checked: Checking… • Last updated Feb 2, 2025 •

MLS# SW25023952 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1914
Year Built Source:

Public Records
New Construction:

No
Total Number Of Units:

1
Structure Type:

Triplex
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

One
Entry Location:

1
Room Type:

See Remarks
Living Area Units:

Square Feet
Living Area Source:

See Remarks
Fireplace:

Yes
Fireplace:

See Remarks
Laundry:

See Remarks
Laundry:

1

Room Dimensions

Living Area:

2278.00

Location

Directions:

EUQLID AVE AND 5TH STREET
Latitude:

34.03382400
Longitude:

-118.20168800

The Property

Property Type:

Residential
Subtype:

Triplex
Lot Features:

2-5 Units/Acre
Lot Size Area:

6345.0000
Lot Size Acres:

0.1457
Lot Size SqFt:

6345.00
Lot Size Source:

Public Records
View:

1
View:

See Remarks
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

2
Tax Lot:

2

Beds

Total Bedrooms:

5
Main Level Bedrooms:

1

Baths

Total Baths:

3
Full & Three Quarter Baths:

3
Main Level Baths:

1
Full Baths:

3

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5186002026

Heating & Cooling

Cooling:

Yes
Cooling:

See Remarks

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Los Angeles Unified

The Community

Features:

Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/1/25 Feb 1, 2025	Listed / Active	CRMLS_CA	$808,000

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This multifamily located in Eastside LA, Los Angeles, CA 90063 is currently for sale for $808,000. 507 S Grande Vista Avenue is a 2,278 square foot multifamily with 5 beds and 3 baths that has been on Estately for 0 days. 507 S Grande Vista Avenue is in the Eastside LA neighborhood of Los Angeles and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Euclid Avenue Elementary School, Theodore Roosevelt Senior High, and Felicitas And Gonzalo Mendez High School.

Listing Courtesy of: CRMLS_CA and Merl Real Estate Corp. Based on information from California Regional Multiple Listing Service, Inc. as of 21:35 on Feb 01.

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.