Homes for sale - 3207 E 2nd ST, Los Angeles, CA 90063

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Kara Peter

karalofty@thehmco.com +1(619) 500-7080

$ 500,000

Est. payment -/mo

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Price Dropped by $49K

3207 E 2nd ST Los Angeles, CA 90063

4,800 Sqft Lot

UPDATED:

11/24/2024 05:23 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB24220777

HOA Y/N No

Year Built 1909

Lot Size 4,800 Sqft

Property Description

Boyle Heights Triplex – Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Don’t miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to‌‌‌‌‌‌‌‌‌‌ offer.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR2

Interior

Interior Features Ceramic Counters, Storage, Tile Counters, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type Dining Room

Inclusions Cabinets, Storage Shelves, Lighting Fixtures,

Fireplace Yes

Appliance Vented Exhaust Fan

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Pool None

Community Features Curbs, Sidewalks

View Y/N No

View None

Roof Type Asphalt

Total Parking Spaces 2

Private Pool No

Building

Lot Description Walkstreet

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5179009002

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Trust

Listed by Alin Glogovicean • Redfin Corporation

Kara Peter

Agent | License ID: 02044812

+1(619) 500-7080 | karalofty@thehmco.com

Kara Peter

3207 E 2nd ST Los Angeles, CA 90063

Key Details

Location

Interior

Exterior

Building

Others

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3207 E 2nd ST