9,557 Sqft Lot
9,557 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26165673
HOA Y/N No
Year Built 1951
Lot Size 9,557 Sqft
Property Sub-Type Single Family Residence
Property Description
exceptional investment opportunity in the heart of East Los Angeles! This property comes with approved plans for the
construction of four modern, three-story residential units, each thoughtfully designed with 5 bedrooms and 5 bathrooms—an
ideal layout for today's strong rental demand. Skip the lengthy entitlement process and move directly toward construction
with plans already approved, allowing investors and developers to accelerate their timeline. Once completed, the project is
designed to offer approximately 20 bedrooms and 20 bathrooms across four spacious residences, making it an outstanding
addition to any investment portfolio. Based on the proposed unit configuration and current market conditions, the completed
project has the potential to generate approximately $20,000 per month in gross rental income, though buyers should conduct
their own due diligence to verify rental projections and operating assumptions. Located just minutes from Downtown Los
Angeles with convenient access to major freeways, schools, shopping, restaurants, and public transportation, this is a rare
opportunity to develop a high-demand rental asset in one of East Los Angeles' most established neighborhoods. Highlights:
Approved plans for 4 residential units Three-story building design Each unit features 5 bedrooms & 5 bathrooms Excellent
income-producing potential Prime East Los Angeles location with strong rental demand Buyer to verify all permits, plans,
square footage, rental income projections, and development potential with the appropriate agencies and professionals
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Utilities Available Sewer Not Available
Private Pool No
Building
Lot Description Back Yard
Story 1
Sewer None
Water Public
New Construction No
Others
Senior Community No
Tax ID 5247023021
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Nearby Locations
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