2857 Cincinnati ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,884 sqft
Price per Sqft $179
MLS Listing ID 24462767
Bedrooms 4
HOA Y/N No
Year Built 1924
Lot Size 5,898 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Disposal
Laundry Laundry Room
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Entry Level Two
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5178018015
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s),Window Bars
Special Listing Condition Standard