
Los Angeles, California 90033
This 4-unit Boyle Heights compound presents a High-Potential Investment Opportunity with a List Price of $825,000—positioned well above the $743,969 Fair Market Value by -10%. While the property requires capital expenditure due to its Condition Rating of 5, the 7,994-square-foot lot and proximity to the USC Medical Campus and Sixth Street PARC offer significant rental upside. This asset is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers focused on long-term growth and density expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2737 Pomeroy Subject | $825,000* List Price | 0 | 0 | 3,115 | $239 | - |
A 2647 Chelsea Street 4 Sold | $787,000 | 0 | 0 | 3,314 | $237 | 0.2 mi |
B 2811 -2813 E Boulder Street Active Under Contract | $725,000 List Price | 0 | 0 | 2,272 | $319 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 (99+ years old) with no mention of recent renovations in the listing. The exterior shows aged stucco and window AC units, indicating a lack of modern central HVAC. Marketed as an investment with 'immense rental upside,' which typically signals dated interiors and systems that require significant rehabilitation to meet market standards.
Situated in Boyle Heights, the property is minutes from Downtown LA, USC Medical Campus, and major transit hubs, ensuring consistently high tenant demand.
As a 4-unit compound in a rapidly developing area near the upcoming Sixth Street PARC, it offers investors substantial potential for rent growth and long-term appreciation.
The 7,994-square-foot lot provides ample space for a quadruplex, offering rare density and potential for future expansion or ADU development to maximize ROI.
Built in 1925, the property likely requires significant updates to major systems such as plumbing, electrical, and roofing to meet modern safety and efficiency standards.
Managing a century-old multi-unit property with seven bedrooms typically involves higher ongoing maintenance costs and the need for larger capital expenditure reserves.
Perfect for investors or owner-users, this 4-unit Boyle Heights compound features 7 bedrooms and 4 bathrooms across a generous 7,994-square-foot lot. The property offers an unbeatable location with immense rental upside, just minutes from Downtown LA, the USC Medical Campus, and top-tier transit hubs. Situated near the upcoming 12-acre Sixth Street PARC, this rare find combines high tenant demand with incredible long-term growth potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,115 | 2,250 |
| Lot Size | 7,994 | 5,864 |
| Price | $825.0K | $826.7K |
| Price per sq ft | $265 | $395 |
| Built year | 1925 | 1925 |
| HOA | $0 | $0 |
| Days on market | 4 | 83 |
Jul 18, 2026
$825,000
Initial Listing