Los Angeles, CA 90033
$1,250,000

Mark Quesada
Broker / Owner
DRE #02101365
Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 10.64 and a healthy NOI of $81,460, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.
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$9,225/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.
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Interior
Construction
Lot & parking
$655,000
Median sale price
44 days
Avg days on market
95.0% of list
Sells for
Closed sales in 90033 over the last 6 months, all home types.
Listed by Will Tiao, The Collective Realty
MLS# 26847373 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.