Los Angeles, CA 90033
$945,000

Mark Quesada
Broker / Owner
DRE #02101365
SIGNIFICANT PRICE REDUCTION PRICED TO SELL! Rare opportunity to acquire a versatile 4-unit compound in the heart of Boyle Heights, offering an exceptional blend of owner-user appeal, income potential, and long-term investment value. Situated on a single lot with two separate buildings, this unique property provides privacy, flexibility, and multiple occupancy options. The front residence is an impressive two-story Spanish-style home featuring 5 bedrooms and 4 bathrooms, ideal for owner occupancy, multigenerational living, or maximizing rental income. The rear building offers three well-maintained 1-bedroom, 1-bathroom units, creating diversified income opportunities, while the detached 3-car garage presents additional utility and potential value-add possibilities (buyer to verify). Separate gas and electric meters enhance operational efficiency and simplify property management. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking the advantages of owner-occupied living with supplemental rental income, this property offers the flexibility to meet a variety of investment strategies. Ideally located just five blocks from the Metro and minutes from Downtown Los Angeles, USC Medical Center, major freeways, dining, shopping, and entertainment, the property benefits from strong connectivity in one of Los Angeles' most established and evolving neighborhoods. Opportunities to acquire a property offering this combination of size, versatility, location, and income potential at this price point are increasingly rare.
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$6,974/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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$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.
Interior
Construction
Lot & parking
Listed by Jun Hee Lee, High Equity Real Estate Service, Inc.
Co-listed by Jung-Anna Kim, High Equity Real Estate Service, Inc.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.