Pending

2857 Cincinnati St

Los Angeles CA, 90033

$699,000


$179.97 per sqft

Pending

4 Beds

4 Baths

3,884 sqft

Multi-family

Built in 1924

Prime Investment Opportunity in Boyle Heights. Just in Time for the Holidays! Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours for the holidays!

24-462767

MLS ID

December 5, 2024

Listed

December 27, 2024

Updated

Map

2857 Cincinnati St
Los Angeles CA, 90033

Interior Features

Total Stories

0


Bedrooms

4


Total Bathrooms

4


Appliances

Garbage Disposal


Laundry Description

Room


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.14 Acres


Architectual Style

Traditional


Roof

Asphalt

Other Property Details

Area Name

Boyle Heights


Days on Market

14


Garage

Yes


Garage Spaces

4


Parking

Assigned


Parking Total

4


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listing History

Date

Event

Price

12/19/2024

Pending

Exclusive Listing Agents

Listed by Alexander Trevino with Trevino Properties Inc.
Listing Contact: 818-581-7518 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Trevino Properties Inc. | CA DRE# 01324975 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/27/2024

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