3207 2nd Street, Los Angeles, CA

$500,000

Previous Next

0.11

Acres

About 3207 2nd Street

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.

Features of 3207 2nd Street

MLS® # BB24220777
Price $500,000
Bathrooms 0.00
Acres 0.11
Year Built 1909
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 3207 2nd Street
Area BOYH - Boyle Heights
City Los Angeles
County Los Angeles
State CA
Zip Code 90063

Listing Map

Amenities

Parking Spaces 2
# of Garages 2
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Wood
Interior Features Storage, Tile Counters, All Bedrooms Down, Ceramic Counters
Appliances Vented Exhaust Fan
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace Yes
Fireplaces Dining Room
# of Stories 1

Exterior

Lot Description Walkstreet
Roof Asphalt

Additional Information

Date Listed October 28th, 2024
Days on Market 27
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlin Glogovicean
OfficeRedfin Corporation

Request a Showing

Provide a valid email address.
When would you like to view this property?