731 S Boyle Avenue
Property Overview
Here's a fantastic opportunity to purchase an existing cash-producing fourplex with plans for an architecturally significant second building on the 8800+ sq. ft. lot. Prime fourplex including previously approved plans for the construction of five additional units in vibrant Boyle Heights. A stone's throw from the iconic 6th street bridge, DTLA Arts District, Hollenbeck Park, public transit, freeways, and local cultural monuments. Existing building is currently a mix of two 2-bedroom units and two 1-bedroom units totalling 3200 interior sq. ft. Plans for the new building include five 1-bedroom units, one being earmarked as a low-income qualifying unit. Separate gas & electric meters for each unit with one main water meter for the existing building. Take advantage of this growing market already in demand with continued growth, making this an ideal investment opportunity.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1916
- Living area
- 3,200 sq ft
- Lot size
- 8,885 sq ft
- Stories
- 2
- Days on market
- 189
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Parking
- On Street
Security
- Carbon Monoxide Detectors
- Gated Community
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Water
- Public
- Sewer
- SewerTapPaid
Location & Neighborhood
Frequently Asked Questions About 731 S Boyle Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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