2431 E 4th, Los Angeles, California 90033, Los Angeles, 90033 - 5 bed, 3 bath
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Los Angeles, California 90033
This Residential Income Triplex represents a significant Value-Add Asset in the high-demand Boyle Heights market. Listed at $850,000 relative to a $663,536 Fair Market Value, the pricing reflects the significant redevelopment potential of the lot and structure. Featuring a 2,479 sqft footprint and a desirable City Lights view, the property holds a Condition Rating of 6, requiring an intensive full-scale rebuild. This All-Cash, AS-IS sale within the Los Angeles Unified district is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on East Los Angeles growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2431 E 4th Subject | $850,000* List Price | 5 | 3 | 2,479 | $198 | - |
A 529 S Breed Street Sold | $790,000 | 0 | 0 | 2,974 | $266 | 0.3 mi |
B 917 N Mott St Sold | $685,000 | 0 | 0 | 2,156 | $318 | 0.9 mi |
C 419 N Mott Pending | $750,000 List Price | 5 | 3 | 2,122 | $353 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1895, the listing explicitly states the property needs a 'full interior and exterior rebuild' and is an 'intensive rehab project' due to 'structural conditions.' It is sold 'strictly AS-IS' and requires an 'All-Cash Offer,' indicating it is unlivable in its current state and its value is based solely on the land and redevelopment potential.
Situated in the highly sought-after ZIP code 90033, near Boyle Heights and minutes from Downtown LA, offering strong growth prospects and desirability.
Presents an exceptional opportunity for a 'complete transformation' and 'intensive rehab project' with 'significant upside potential' to maximize future value.
Classified as a 'Residential Income' property and 'Triplex,' providing a clear path for multiple rental units and strong cash flow potential post-renovation.
The property needs a 'full interior and exterior rebuild' and is described as an 'intensive rehab project,' demanding substantial capital investment and a long timeline.
Requires an 'All-Cash Offer' due to the scope of work and structural conditions, and is sold 'strictly AS-IS,' limiting the buyer pool and increasing buyer risk.
Built in 1895, the property's age suggests potential for outdated infrastructure, code compliance challenges, and other costly repairs inherent in very old structures.
Prime East Los Angeles Opportunity: Calling All Visionary Cash Investors! Exceptional opportunity to acquire a single-family residence with significant upside potential in the highly sought-after ZIP code 90033. Located near Boyle Heights and just minutes from Downtown LA, this property offers incredible square footage and structural bones for a complete transformation. This is a rare chance for experienced developers and investors ready to tackle an intensive rehab project. The property needs a full interior and exterior rebuild, presenting a clean slate to maximize future value. Focus your vision on maximizing the footprint and capitalizing on the growth of East LA. This property requires an All-Cash Offer due to the scope of work and structural conditions. Sold strictly AS-IS. This is not a standard sale; bring your architect and your general contractor!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 85% |
| Baths | 3.0 | 0.0 | 85% |
| Square foot | 2,479 | 2,272 | 62% |
| Lot Size | 6,743 | 6,072 | 62% |
| Price | $850.0K | $775.0K | 77% |
| Price per sq ft | $343 | $318 | 54% |
| Built year | 1895 | 1911 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 141 | 69% |
Nov 21, 2025
$850,000
Initial Listing
Jun 9, 2023
$710,000
Public Record
Jan 4, 2006
$480,000
Public Record