
Los Angeles, California 90033
This Massive Mixed-Use Residential Property is a High-Potential Investment Opportunity, listed at $1,650,000—positioned well below the $1,714,448 Fair Market Value by 3%. This valuation gap offers $64,448 in Instant Equity for incoming buyers. Featuring a City Lights view of the Downtown skyline and nearly 4,500 square feet of living space, the property maintains a Move-In Ready Condition Rating with significant potential for an ADU. Located in historic Boyle Heights, it perfectly balances lifestyle scale with financial upside. This is an ideal acquisition for Multi-Generational Families or Owner-Occupant Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2607 Pennsylvania Subject | $1,650,000* List Price | 0 | 0 | 4,492 | $382 | - |
A 409 S Savannah Active | $1,200,000 List Price | 0 | 0 | 3,332 | $360 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1963, the property shows a modern exterior renovation with updated windows, stucco, and fencing. The significant price appreciation since its 2023 sale and 'move-in ready' description suggest recent updates to key systems and interiors, though the agent's note to 'personalize' suggests it may not be a total high-end mint renovation.
Situated in the heart of Boyle Heights, the property offers exceptional proximity to Downtown LA, Mariachi Plaza, and major transit hubs, blending urban convenience with a strong community identity.
Boasting nearly 4,500 square feet of living space, this property is exceptionally large for the area, providing rare flexibility for multi-generational living or high-capacity rental configurations.
The 'Mixed Use' sub-type designation and the lot's suitability for an ADU present a unique opportunity for investors or homeowners to maximize value and generate additional revenue streams.
The list price of $1.65M represents a substantial increase from its 2023 sale price of $999K, which may require significant justification through comparable sales or extensive interior improvements.
With a massive 4,492 sqft structure on a 5,420 sqft lot, the building-to-land ratio is high, potentially making the addition of an ADU feel cramped and significantly reducing private outdoor space.
Welcome to 2607 Pennsylvania Ave—a warm and inviting home tucked into one of Boyle Heights’ most established residential pockets. Set on a quiet street with a true neighborhood feel, this property offers the kind of character, space, and potential that’s becoming harder to find so close to Downtown Los Angeles. The bedrooms are generously proportioned, offering flexibility for a growing household, a home office, or even rental income potential. Throughout the home, there’s a sense of solid construction and enduring character—providing a great foundation whether you choose to move right in or gradually personalize the space over time. Step outside and you’ll find a yard with real usability—ideal for weekend gatherings, gardening, or simply enjoying Southern California’s year-round sunshine. The lot also presents an excellent opportunity to add an ADU, a highly sought-after feature in this area that can significantly increase both value and versatility. What truly sets this home apart is its location within Boyle Heights. This stretch of Pennsylvania Avenue sits just minutes from the energy of Downtown LA, yet retains a distinctly local, community-driven atmosphere. You’re close to neighborhood staples, local eateries, and cultural landmarks like Mariachi Plaza, while also benefiting from easy access to major freeways and Metro lines for a smooth commute across the city. Boyle Heights is a neighborhood with deep roots and a strong identity—known for its rich culture, historic homes, and growing appeal among buyers looking for both authenticity and long-term upside. Living here means being part of a community that’s vibrant, evolving, and connected. 2607 Pennsylvania Ave isn’t just a property—it’s a place where you can put down roots, create something personal, and be part of one of Los Angeles’ most enduring neighborhoods.
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 | 1963 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 28, 2026
$1,650,000
Initial Listing
Apr 3, 2023
$999,000
Public Record