Los Angeles, CA 90063 507 S GRANDE VISTA Avenue

Presented By: Eric Newman with Merl Real Estate Corp; 949-491-5911
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SW25023952
  • 02/01/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,278

Home Details

**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City's rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units. The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment. Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don’t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
Presented By: Eric Newman with Merl Real Estate Corp; 949-491-5911

Interior Features for 507 S GRANDE VISTA Avenue

Bedrooms

Main Level Bedrooms1
Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Main Level Bathrooms1
Total Baths3

Other Interior Features

LivingAreaSourceSeeRemarks
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesSeeRemarks
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesSeeRemarks
Total Stories1

Other Rooms

Entry Level1

General for 507 S GRANDE VISTA Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingSeeRemarks
CountyLos Angeles
Current FinancingNone
DirectionsEUQLID AVE AND 5TH STREET
Electric On Property Y/NNo
Entry Location1
Full Baths3
Garage Spaces0.0
Garage Y/NNo
HOANo
HOA Fee$0.0
High School DistrictLos Angeles Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash
Living Area UnitsSquareFeet
Lot Size Square Feet6345.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total1
Occupancy TypeOwner
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Structure TypeTriplex
Tax Lot2
Waterfront Y/NNo
Year Built1914
Year Built SourcePublicRecords

Exterior for 507 S GRANDE VISTA Avenue

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1457
Lot Size Area6345.0
Lot Size SourcePublicRecords
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $808,000
MLS#SW25023952
List Date 02/01/2025
Property Type Multi-Family
Phone 714.742.6515
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