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Listed by Eric Newman • Merl Real Estate Corp
$ 808,000
Est. payment /mo
Active
507 S GRANDE VISTA Avenue Los Angeles, CA 90063
5 Beds
3 Baths
2,278 SqFt
UPDATED:
02/07/2025 01:23 AM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $354
MLS Listing ID CRSW25023952
Bedrooms 5
Full Baths 3
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1914
Lot Size 6,345 Sqft
Property Sub-Type Detached
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
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Pool None
View Other
Private Pool false
Building
Story 1
Water Public
Schools
School District Los Angeles Unified
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