3207 E 2Nd Street

Los Angeles, CA 90063

$549,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1909

calendar_month Built

Open Houses

Next available: Saturday, November 16th, 2024 12:00 pm - 1:00 pm

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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.

Listing Information

List Price $549,000
Status Active
MLS BB24220777
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1909
Lot Size 4,802
Structure Size N/A
DOM 15
Courtesy Of Redfin Corporation
Listing Agent Alin Glogovicean DRE#01327641

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Wood
Fireplace Information
Features Dining Room
Additional Information
Additional Features Ceramic Counters, Storage, Tile Counters, All Bedrooms Down
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Alin Glogovicean, Redfin Corporation . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 12th, 2024 at 5:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.