
Los Angeles, California 90033
This Spacious Mixed-Use Property represents a Strong Value 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. With a Condition Rating of 3, the home provides a solid foundation for modernization while offering significant ADU Development Potential and City Lights Views. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the property's scale and urban connectivity in Boyle Heights.
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 signs of a significant recent exterior refresh, including modern black metal railings, updated windows, and newer concrete work. The description indicates it is move-in ready and solid, though the suggestion to 'personalize the space over time' implies that while functional, the kitchen and baths may be dated and not part of a recent high-end renovation.
With nearly 4,500 square feet of living space, this property offers a rare scale for the Boyle Heights area, providing immense flexibility for large households or high-capacity rental income.
The property is ideally located minutes from Downtown Los Angeles, Mariachi Plaza, and major transit hubs, offering residents exceptional access to the city's core and commuting corridors.
The usable lot size and layout present a significant opportunity to construct an Accessory Dwelling Unit (ADU), a highly sought-after feature that can maximize property value and generate additional revenue.
At a list price of $1.65 million, the property is positioned at the high end of the local market, which may limit the pool of qualified buyers compared to more affordably priced neighborhood alternatives.
Built in 1963 and retaining much of its original character, the home likely requires capital investment for aesthetic and functional upgrades to meet contemporary luxury standards.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 4,492 | 2,864 |
| Lot Size | 5,420 | 7,003 |
| Price | $1.65M | $1.58M |
| Price per sq ft | $367 | $319 |
| Built year | 1963 | 1929 |
| HOA | $0 | $907 |
| Days on market | 85 | 91 |
Apr 28, 2026
$1,650,000
Initial Listing
Apr 3, 2023
$999,000
Public Record