CA > Los Angeles
Los Angeles, CA 90033,131 S Boyle Ave
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Los Angeles, CA 90033,131 S Boyle Ave
Los Angeles, CA 90033,131 S Boyle Ave
Los Angeles, CA 90033,131 S Boyle Ave
Los Angeles, CA 90033,131 S Boyle Ave
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 1,600,000
Est. payment /mo
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Active

131 S Boyle Ave Los Angeles, CA 90033

3 Beds

9 Baths

4,709 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,709 sqft

Price per Sqft $339

MLS Listing ID 25599703

Style Victorian

Bedrooms 3

Construction Status Updated/Remodeled

Year Built 1887

Lot Size 10,170 Sqft

Acres 0.2335

Property Sub-Type Multi-Family

Property Description

131 S Boyle Avenue is a 15-unit multifamily property in the heart of Boyle Heights, just east of Downtown Los Angeles. Built in 1887 and designated a Los Angeles Historic-Cultural Monument, the former Simon Gless Farmhouse showcases over 125 years of architectural charm on a 10,170 SF LAR4-zoned lot. The property features (12) studios and (3) one-bedroom units across 4,709 SF, with master-metered utilities. Residents benefit from a highly walkable location near the Arts District, Little Tokyo, White Memorial Hospital, and Mariachi Plaza Metro Station (E Line), with direct freeway access for seamless connectivity across Los Angeles. Offering a true 9.55% cap rate and 6.65 GRM on current income, the asset provides stable cash flow with meaningful upside through rent optimization. The large lot also allows for future redevelopment or ADU potential (buyer to verify, subject to historic review).

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Driveway

Garage Spaces 7.0

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Fenced, Fenced Yard

Story 2

Architectural Style Victorian

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Tony Azzi

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131 S Boyle Ave

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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