$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 |
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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 |
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Area | BOYH - Boyle Heights |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90063 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | None |
Interior
Cooling | See Remarks |
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Has Basement | No |
Fireplace | Yes |
Fireplaces | See Remarks |
# of Stories | 1 |
Stories | One |
Exterior
Lot Description | TwoToFiveUnitsAcre |
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School Information
District | Los Angeles Unified |
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Additional Information
Date Listed | February 1st, 2025 |
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Days on Market | 51 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Eric Newman |
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Office | Merl Real Estate Corp |