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$699,000
4 bed
3,884 Sqft
5,897 Sqft lot

2857 Cincinnati Street, Los Angeles, California 90033

  • Residential Income Property Type
  • 3 Days Time on market
  • $180 Price per sqft
  • 1924 Year Built
Property Description

Prime Investment Opportunity in Boyle Heights. Just in Time for the Holidays! 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 for the holidays!

Basic Details
Residential Income
Buy
24462767
$699,000
4
3,884 Sqft
1924
5,897 Sqft
Pending
Condos/Co-ops
Features
: Wall Furnace
: Disposal
: Traditional
4
$0
Address
CA
Los Angeles
Los Angeles
90033
2857 Cincinnati Street
2857
Street
0
W119° 48' 0.4''
N34° 2' 40.9''
Additional Information
3
1
2
0
4
: Two
: Laundry Room
4
3,884 Sqft
0 Sqft
0 Sqft
0.14 Sqft
5,897 Sqft
1
0 Sqft
LARD1.5
5178018015
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
19/12/2024
19/12/2024 00:00:00
$0
: Standard
Google
Trevino Properties Inc.
Alexander Trevino
CLW-X81149
CLW-C119133
$0
: Stucco
1
1
0
0
1
1
1
4
Carbon Monoxide Detector(s),FireDetectionSystem,Sm
1
0
US-06037-N-5178018015-R-N
05/12/2024 20:29:36
Cincinnati
BOYH - Boyle Heights
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