Listing provided courtesy of Eric Newman of Merl Real Estate Corp. Last updated 2025-04-22 08:06:27.000000. Listing information © 2024 Sandicor.
Asking Price: $808,000 |
507 GRANDE VISTA, Los Angeles CA 90063
Community: BOYH - Boyle Heights
This Triplex property was built in 1914 and is priced at $808,000. Please see the additional details below.
**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.