OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2,656 SF and is situated on a 5,199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It’s just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.
Property Details
Price:
$700,000
MLS #:
24424929
Status:
Active Under Contract
Baths:
0
Address:
142 S Savannah Street
Type:
Residential Income
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Aug 7, 2024
State:
CA
ZIP:
90033
Lot Size:
5,199 sqft / 0.12 acres (approx)
Year Built:
1959
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Schools
Interior
Appliances
Oven
Flooring
Tile
Heating
Wall Furnace
Exterior
Lot Features
Front Yard
Parking Features
Parking Space, Side by Side, Private, Driveway, Uncovered
Parking Spots
4.00
Stories Total
2
Financial
Map
Community
- Address142 S Savannah Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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142 S Savannah Street
Los Angeles, CA
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