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
Alexander Trevino
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