$808,000

507 Grande Vista Avenue, Los Angeles 90063

5

Beds

3

Baths

2,278

Square feet

6,345

Lot Size

Listing Agent
Eric Newman - Merl Real Estate Corp

**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.

Facts & Features

MLS® # SW25023952
Price $808,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 2,278
Lot Size 6,345
Year Built 1914
Type Residential
Sub-Type Triplex
Status Active
# Of Units 1

Community Information

Address 507 Grande Vista Avenue
Area BOYH - Boyle Heights
City Los Angeles
County Los Angeles
Zip Code 90063

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Cooling See Remarks
Has Basement No
Fireplace Yes
Fireplaces See Remarks
# of Stories 1
Stories One

Exterior

Lot Description TwoToFiveUnitsAcre

School Information

District Los Angeles Unified

Additional Information

Date Listed February 1st, 2025
Days on Market 51
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEric Newman
OfficeMerl Real Estate Corp

Listing Map

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