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3207 2nd Street
Los Angeles, CA 90063
Boyle Heights Triplex – Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Don’t miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to offer.
PROPERTY INFORMATION
| MLS # | BB24220777 | Lot Size | 4,802 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 549,000
Price Per SqFt: $ 258 |
DOM | 189 Days |
| Address | 3207 2nd Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,125 Sq. Ft. |
| Postal Code | 90063 | Garage | 2 |
| County | Los Angeles | Year Built | 1909 |
| Bed / Bath | 3 / 0 | Parking | 2 |
| Built In | 1909 | Status | Active |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | Yes |
| Fireplace Information | Dining Room |
| Has Appliances | Yes |
| Kitchen Appliances | Vented Exhaust Fan |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Wood |
| InteriorFeatures Information | Ceramic Counters, Storage, Tile Counters |
| EntryLocation | front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Roof | Asphalt |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Chain Link |
WALKSCORE
Walk Score: 77 (Very Walkable)
Transit Score: 68 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $586
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/28/2024 | Listed | $549,000 |
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Listing provided courtesy of Alin Glogovicean, Redfin Corporation. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
