2811 -2813 E Boulder Street, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Value-Add Duplex Asset is listed at $725,000, offering a strategic entry into the high-demand Boyle Heights market. Although the price sits above the $646,809 Fair Market Value, the property’s LARD1.5 Zoning and 5,847 sqft lot provide a clear path for forced appreciation through redevelopment or ADU expansion. With a Condition Rating of 5, the 1924 structure requires a comprehensive overhaul of major systems to reach its full income-producing potential. This is an ideal acquisition for Buy-and-Hold Investors or Contractors looking to capitalize on proximity to the Arts District and USC Keck Medical Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2811 -2813 E Boulder Street Subject | $725,000* List Price | 0 | 0 | 2,272 | $285 | - |
A 2732 Malabar Street Sold | $678,800 | 0 | 0 | 2,272 | $299 | 0.1 mi |
B 917 N Mott St Sold | $685,000 | 0 | 0 | 2,156 | $318 | 0.3 mi |
C 2127 City View Avenue Sold | $725,000 | 0 | 0 | 1,906 | $380 | 0.6 mi |
D 2809 Folsom Active | $748,888 List Price | 0 | 0 | 2,519 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this property is 100 years old and shows significant signs of age and deferred maintenance. The kitchen is extremely dated with freestanding appliances and no modern cabinetry, while the bathroom features very old tile and fixtures. The overall condition suggests that major systems are likely at the end of their lifespan, requiring substantial repairs and rehabilitation to meet modern living standards. The property is livable but requires extensive capital investment.
This duplex offers diverse investment opportunities, suitable for first-time buyers seeking rental income, 1031 exchanges, or investors looking for income-producing or redevelopment projects.
Situated in the vibrant and fast-growing Boyle Heights, the property benefits from its proximity to Downtown LA, the Arts District, Union Station, USC Keck Medical Center, and Cal State LA.
The location provides convenient access to major freeways (10, 710, 60, 5, 110, 101) and Metro stations, making it ideal for commuters and enhancing its rental appeal.
Built in 1924, the property is over a century old, which may imply a need for significant updates, renovations, or ongoing maintenance to meet modern standards and tenant expectations.
The description hints at 'future enhancements or potential development,' suggesting the property may not be turn-key and could require substantial capital investment to realize its full potential or address deferred maintenance.
Each of the two-bedroom units features only one bathroom, which could be a limiting factor for some prospective tenants or buyers who prefer additional bathroom facilities.
Investment Opportunity in the Heart of Boyle Heights! Don’t miss this incredible opportunity to own a duplex in the vibrant City of Boyle Heights, just minutes from Downtown LA, the Arts District, Union Station, USC Keck Medical Center, and Cal State LA. This property features two spacious units, each offering 2 bedrooms and 1 bathroom. The large backyard provides ample parking space and plenty of room for future enhancements or potential development. With LARD1.5 zoning, this property offers multiple possibilities, perfect for: A first-time buyer looking to live in one unit and rent out the other, a 1031 exchange up-leg, or an investor seeking an income-producing or redevelopment opportunity. Enjoy the convenience of being close to major freeways (10, 710, 60, 5, 110, and 101) and a short distance from Metro stations, making this a prime location for commuters and city enthusiasts alike. This is your chance to invest and own in one of Los Angeles’ most desirable and fast-growing neighborhoods, Boyle Heights! UPDATE: Seller now indicates one unit may be delivered vacant at closing. Property has been on the market due to prior tenant occupancy constraints; this creates a new opportunity for owner-users or investors. Buyer to verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,272 | 2,269 | 55% |
| Lot Size | 5,847 | 5,847 | 50% |
| Price | $725.0K | $725.0K | 50% |
| Price per sq ft | $319 | $380 | 36% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 204 | 45% |
Nov 14, 2025
$725,000
Initial Listing