Prime 12-Unit Investment Opportunity in Boyle Heights ! An exceptional opportunity to acquire a 12-unit multifamily property in the heart of Prime Boyle Heights! Situated on a huge corner lot, this investment features three buildings, one 10-unit building and two standalone units, offering an excellent unit mix with strong rental demand. With 30% upside in rents, this property presents a tremendous value-add opportunity for investors. Seven units have already been fully remodeled, featuring new flooring, modern kitchen cabinets, upgraded appliances, and more. The remaining units provide the potential for additional renovation and increased rental income.Located in an A+ location, this asset benefits from strong tenant demand, proximity to major employment hubs, and easy access to public transit, freeways, and vibrant neighborhood amenities. Don’t miss this rare chance to own a high-potential investment in one of Los Angeles’ most dynamic rental markets! The property address is 117 N St Louis St. LA CA 90033 also with APN: 5183-007-041.
Property Details
Price:
$2,195,000
MLS #:
25517167
Status:
Active
Baths:
0
Address:
2028 Pennsylvania Avenue
Type:
Residential Income
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Mar 28, 2025
State:
CA
ZIP:
90033
Lot Size:
14,717 sqft / 0.34 acres (approx)
Year Built:
1966
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Schools
Interior
Appliances
Refrigerator
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Assigned
Parking Spots
11.00
Stories Total
2
Financial
Map
Community
- Address2028 Pennsylvania Avenue Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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2028 Pennsylvania Avenue
Los Angeles, CA
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