142 S Savannah Street, Los Angeles, CA 90033

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Glen Henderson

Premier Homes Team, a division of Big Block Realty

[email protected] +1(619) 889-7646

$1,165,000

Est. payment - /mo

8 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID GD25113932

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updatedincluding electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 68 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional unitsbuyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction between 1st and 2nd street.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5180021012

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Listed by Andrea Megerdichian Luxury Collective

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

142 S Savannah Street Los Angeles, CA 90033

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information