2857 Cincinnati St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,884 sqft
Price per Sqft $141
MLS Listing ID 25532997
Style Traditional
Bedrooms 4
Year Built 1924
Lot Size 5,897 Sqft
Acres 0.1354
Property Sub-Type Multi-Family
Property Description
Prime Investment Opportunity in Boyle Heights. Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours!
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Fireplaces Type None
Equipment Garbage Disposal
Laundry Room
Exterior
Parking Features Assigned
Garage Spaces 4.0
Pool None
View Y/N No
View None
Roof Type Asphalt
Building
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Stucco
Others
Special Listing Condition Standard