**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City''s rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units.
The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.
Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don’t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.
Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don’t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
Property Details
Price:
$808,000
MLS #:
SW25023952
Status:
Active
Beds:
5
Baths:
3
Address:
507 S GRANDE VISTA Avenue
Type:
Single Family
Subtype:
Triplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Feb 1, 2025
State:
CA
Finished Sq Ft:
2,278
ZIP:
90063
Lot Size:
6,345 sqft / 0.15 acres (approx)
Year Built:
1914
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Cooling
See Remarks
Fireplace Features
See Remarks
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
See Remarks
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address507 S GRANDE VISTA Avenue Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
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Courtesy of Merl Real Estate Corp. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.507 S GRANDE VISTA Avenue
Los Angeles, CA
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