
Los Angeles, California 90033
This brand-new 2024 construction represents a Strong Value Opportunity, listed at a List Price of $1,050,000—positioned well below the $1,133,919 Fair Market Value by 7%. This valuation gap offers $83,919 in Instant Equity. Featuring a Mint Condition Rating, this quadruplex includes two 2-bedroom units and two studio ADUs, offering a versatile income stream. With one unit delivered vacant, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, low-maintenance asset in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2743 Boulder Subject 0 bd · 0 ba · 3,460 sqft · $328 | $1,050,000* List Price | 0 | 0 | 3,460 | $328 | - |
A 1542 Ricardo Sold 5 bd · 4 ba · 2,361 sqft · $381 · 1.0 mi | $900,000 | 5 | 4 | 2,361 | $381 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2024 construction in mint condition. The kitchen features modern white shaker cabinetry, quartz countertops, and new stainless steel appliances. As a new build, all systems including HVAC and electrical are brand new with no maintenance required.
Built in 2024, this property offers the significant benefit of modern building codes, energy-efficient systems, and minimal immediate capital expenditure for maintenance or repairs.
The quadruplex configuration, featuring two 2-bedroom units and two studio ADUs with lofts, provides a versatile unit mix that appeals to a wide range of tenant profiles in the Boyle Heights market.
With one unit delivered vacant, the property is perfectly positioned for an owner-occupant or an investor looking to immediately capture market-rate rent without the complications of existing tenant relocations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3460, other record living area = 2720.
The two studio ADUs are relatively small at 370 square feet each, which may result in higher tenant turnover and limit the units' appeal to a very specific niche of the rental market.
Fitting four units onto a 5,850 square foot lot likely results in limited private outdoor space and potential parking challenges, which are common pain points for tenants in high-density Los Angeles neighborhoods.
1 Unit vacant. 4 units total ( 2 bed 1 bath , 2 bed 1 bath , Two ADUs Studio with a loft 370 Sq ft each )
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,460 | 2,090.331 |
| Lot Size | 5,850 | 5,852.908 |
| Price | $1.05M | $830.9K |
| Price per sq ft | $303 | $394 |
| Built year | 2024 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 87 |
Oct 29, 2026
$1,050,000
Initial Listing
Jan 27, 2022
$670,000
Public Record