3207 East 2nd Street
$549,000
3
3
2,125
2,125
$258
Description
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...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.
- Listed by Alin Glogovicean • DRE #01327641 • Brokerage DRE #01521930 • Redfin Corporation
Property Details for 3207 East 2nd Street
View
None
Parking Spaces Total2
Private PoolNo
Cooling TypeWall/Window
Total Units3.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2125
LISTING UPDATED: 11/16/2024 05:20 AM
Property Details for 3207 East 2nd Street
Status | Active |
---|---|
MLS # | BB24220777 |
Days on Market | 24 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1909 |
Lot Size | 0.11 AC / 4,802 SF |
County | Los Angeles County |
Building Information for 3207 East 2nd Street
Stories1Residences-Year Built1909Building Size-Lot Size0.11 AC / 4,802 SF
Property Information for 3207 East 2nd Street
Property History for 3207 East 2nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3207 East 2nd Street
Taxable ValueLand$20,639Additions$20,156Total$40,795
Tax Record2024$883 ($74 / month)
Home Facts
Total Finished SqFt2,125 SqFtAbove Grade Finished SqFt2,125 SqFtLot Size4,800 SqFtStyleTriplexYear Built1909ZoningLAR2CountyLOS ANGELESAPN5179-009-002
Schools near 3207 East 2nd Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
First Street Elementary School PublicK to 6 | ||
Ramona Opportunity High School Public7 to 12 | ||
Theodore Roosevelt Senior High Public9 to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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