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$500,000
3 bed
3 bath
0 Sqft
4,802 Sqft lot

3207 E 2nd Street, Los Angeles, California 90063

  • Residential Income Property Type
  • 30 Days Time on market
  • 1909 Year Built
Property Description

Boyle Heights Triplex – Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property’s value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Don’t miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ offer.

Basic Details
Residential Income
Buy
BB24220777
$500,000
3
3
0 Sqft
1909
4,802 Sqft
Active
Triplex
Multi-family
Features
: Wall Furnace
: Wall/window Unit(s)
: Chain Link
: Dining Room
: Vented Exhaust Fan
: Sidewalks, Curbs
2
$0
: Asphalt
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90063
3207 E 2nd Street
3207
Street
0
W119° 48' 2.5''
N34° 2' 14.6''
E
Additional Information
30
1
1
1
2
2,125 Sqft
1
0 Sqft
0 Sqft
: Tile Counters, Storage, Allbedroomsdown, Ceramiccounters
0.11 Sqft
4,802 Sqft
1
: No Common Walls
0 Sqft
LAR2
5179009002
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
28/10/2024 12:12:30
$549,000
: Trust
Cash,AllFinancingConsidered,Conventional,Submit
Cross Streets: E 2nd and S Fresno St
Redfin Corporation
Alin Glogovicean
BH5345356
BB41849
$0
27
: Wood
1
: Walkstreet
1
1
: Square Feet
: Garage., Staging Furniture, Some Furniture, Staging Furniture And Decors Are Negotiable., Seller's Personal Property, Ring Doorbell And Security Cameras, Tv In Living Room, Exterior Sheds
1
1
Cabinets, Storage Shelves, Lighting Fixtures,
1
3
3
1
3
1
2
16470.6
US-06037-N-5179009002-R-N
Triplex
28/10/2024 21:05:52
2nd
BOYH - Boyle Heights
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