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$700,000
8 bed
2,656 Sqft
5,199 Sqft lot

142 S Savannah Street, Los Angeles, California 90033

  • Residential Income Property Type
  • 14 Days Time on market
  • $264 Price per sqft
  • 1959 Year Built
Property Description

OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2,656 SF and is situated on a 5,199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It’s just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.

Basic Details
Residential Income
Buy
24424929
$700,000
8
2,656 Sqft
1959
5,199 Sqft
Activeundercontract
Condos/Co-ops
Features
: Wall Furnace
: Oven
4
$0
Address
CA
Los Angeles
Los Angeles
90033
142 S Savannah Street
142
Street
0
W119° 47' 46.3''
N34° 2' 22.5''
S
Additional Information
14
2
2
4
: Two
2,656 Sqft
0 Sqft
0 Sqft
0.12 Sqft
5,199 Sqft
1
0 Sqft
LAR2
5180021012
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
03/09/2024 00:00:00
$0
: Probate Listing
Cross Streets: Savannah St & 1st St
Keller Williams Studio City
David Weinberger
CLW-X74052
CLW-C115165
$0
6.9
: Tile
1
: Front Yard
1
0
0
1
1
4
65362
US-06037-N-5180021012-R-N
07/08/2024 23:03:30
Savannah
BOYH - Boyle Heights
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