2857 Cincinnati ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,884 sqft
Price per Sqft $179
MLS Listing ID 25532997
Bedrooms 4
Year Built 1924
Lot Size 5,898 Sqft
Property Description
Prime Investment Opportunity in Boyle Heights. Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N No
View None
Building
New Construction No
Others
Special Listing Condition Standard