Los Angeles, CA 90023
$949,000
Mark Quesada
Broker / Owner
DRE #02101365
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.
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$7,004/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Interior
Construction
Lot & parking
Utilities
Listed by Armen Sarkissian, Berkshire Hathaway HomeServices California Properties
MLS# 25631433 · Active
$695,000
Median sale price
38 days
Avg days on market
99.8% of list
Sells for
Closed sales in 90023 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
