1549 E.33 St., Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$700,000$5,147/sqft
1549 E.33 St., Los Angeles, California 90011
0Bed
0Bath
5,147Sqft
2,132Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Focus: The property is explicitly marketed as a 'lucrative investment opportunity' for investors, indicating a clear value proposition for rental income.
Top Cons:
Age of Property: Built in 1964, the property is 60 years old, which likely means outdated systems, finishes, and potential for deferred maintenance requiring significant capital expenditure.
Compared to the nearby listings
Price:$700.0K vs avg $699.0K (+$1,000)52%
Size:5,147 sqft vs avg 2,076 sqft97%
Price/sqft:$136 vs avg $3373%
More Insights
Built in 1964 (62 years old).
Condition: Built in 1964, this 60-year-old triplex shows significant signs of deferred maintenance and neglect. The exterior images reveal a severely deteriorated roofline/fascia with peeling paint and exposed wood, and a heavily cracked concrete driveway. While interior images are not provided, the listing description explicitly targets investors looking for 'cheap units to rent' and advises viewing 'from the outside,' strongly indicating that the interior, including kitchens and bathrooms, is in very poor, outdated condition and requires substantial renovation. Major components likely require significant repair or replacement, making the property uncomfortable or potentially unsafe in its current state.
Year Built
1964
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$136
HOA
-
Days on market
-
Sold On
-
MLS number
DW25188617
Home ConditionPoor
Features
View-
About this home
this is an investment opportunity for all you investor. we reduced the price in order to sale faster. now only $700.000. make your offer. the best you can. we are ready to work with any offer. primeros compradores ya pueden calificar.maybe one unit will be vacant.quiere comprar unidades baratas para rentar esta es la oportunidad pase a mirarlas por fuera.it has long driveway with cement to park many cars.and a lot of possibilities in the back yard. hurry investor this is a lucrative investment.
A
Alfredo Martinez
Listing Agent
Nearby schools
4/10
Nevin Avenue Elementary School
Public,•K-5•0.1mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.7mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.9mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.2mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.2mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.2mi
2/10
Aurora Elementary School
Public,•K-5•1.3mi
5/10
Lillian Street Elementary School
Public,•K-6•1.8mi
5/10
Pacific Boulevard School
Public,•K-5•2.0mi
5/10
Estrella Elementary School
Public,•K-5•2.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.3mi
3/10
George Washington Carver Middle School
Public,•6-8•1.0mi
6/10
Vernon City Elementary School
Public,•K-7•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.1mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.4mi
4/10
Huntington Park Senior High School
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.2mi
Condition Rating
Poor
Built in 1964, this 60-year-old triplex shows significant signs of deferred maintenance and neglect. The exterior images reveal a severely deteriorated roofline/fascia with peeling paint and exposed wood, and a heavily cracked concrete driveway. While interior images are not provided, the listing description explicitly targets investors looking for 'cheap units to rent' and advises viewing 'from the outside,' strongly indicating that the interior, including kitchens and bathrooms, is in very poor, outdated condition and requires substantial renovation. Major components likely require significant repair or replacement, making the property uncomfortable or potentially unsafe in its current state.
Pros & Cons
Pros
Investment Focus: The property is explicitly marketed as a 'lucrative investment opportunity' for investors, indicating a clear value proposition for rental income.
Multi-Unit Income Property: As a triplex, the property offers multiple rental units, providing diversified income streams and enhanced cash flow potential for an investor.
Motivated Seller & Competitive Pricing: The seller has 'reduced the price' and is 'ready to work with any offer,' suggesting strong motivation to sell and potential for a favorable purchase price.
Ample Parking: The property features a 'long driveway with cement to park many cars,' which is a significant and valuable amenity in a dense urban area like Los Angeles.
Backyard Potential: The description highlights 'a lot of possibilities in the back yard,' suggesting potential for outdoor amenities, landscaping, or even future expansion (e.g., ADU, subject to zoning).
Cons
Age of Property: Built in 1964, the property is 60 years old, which likely means outdated systems, finishes, and potential for deferred maintenance requiring significant capital expenditure.
Unspecified Condition & Renovation Needs: The marketing language emphasizes 'investment opportunity' and 'cheap units to rent,' strongly implying the property is not turn-key and will require substantial renovation or repairs to maximize rental value.
Small Lot Size: With a lot size of only 2132 sqft, outdoor space is limited, potentially constraining the 'possibilities in the back yard' and overall tenant appeal for a multi-unit property.