2007 Pennsylvania, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This 6-Unit Income Property is a strategic Value-Add Asset listed at $998,000, positioned near its $932,762 Fair Market Value to reflect its high-density potential. Currently holding a Rehabilitation Condition Rating, the property offers significant upside through the modernization of its 1922 infrastructure, including aging plumbing and electrical systems. A brand-new roof provides immediate capital improvement, while the Boyle Heights location—where 75% of residents are renters—ensures sustained tenant demand. This acquisition is ideally suited for Buy-and-Hold Investors and Contractors looking to leverage clear signs of neighborhood gentrification for long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2007 Pennsylvania Subject | $975,000* List Price | 0 | 0 | 3,184 | $288 | - |
A 409 S Savannah Active | $1,200,000 List Price | 0 | 0 | 3,332 | $360 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this 6-unit property shows significant signs of age and deferred maintenance despite a recently replaced roof. Interior images reveal extremely outdated kitchens and bathrooms with aging cabinetry, old tile, and worn flooring. The property's century-old infrastructure likely requires substantial updates to electrical and plumbing systems to meet modern standards, placing it in the rehabilitation category.
Located in Boyle Heights where 75% of residents are renters, this property benefits from high demand and excellent connectivity via the 5, 10, and 101 freeways.
The inclusion of a brand-new roof reduces immediate deferred maintenance costs and provides significant value and protection for the investor.
Positioned in a historical community seeing clear signs of gentrification and new development, offering strong prospects for long-term capital appreciation.
Built in 1922, the property may require significant updates to aging plumbing, electrical, and structural systems to meet modern building codes.
With six units squeezed into approximately 3,184 square feet, the individual living spaces are quite small, which may limit the tenant profile and maximum achievable rent.
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 6- unit 6 bedrooms 1 bath each. With with washer and dryer hook ups. Easy accesses to major freeways such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music create a high demand for renter's desire to live with the community being 75% of residence are renters Property has a brand-new roof. The signs of gentrification are clear as new development and companies moving into the area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1922 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 9, 2026
$975,000
$998,000
-2% Price Drop
Initial Listing
Mar 17, 2026
$998,000
$1,025,000
-3% Price Drop
Initial Listing
Feb 3, 2026
$1,025,000
Initial Listing