3507 Sabina, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This High-Potential Multi-Unit Asset presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $1,137,199 Fair Market Value by 20%. This valuation gap provides $238,199 in Instant Equity for buyers. Currently in Fair Condition, the 1961-built triplex offers significant value-add upside through interior modernization and system updates across its three units. Featuring a gated lot, ample parking, and a private patio, this property is strategically located in the high-demand Boyle Heights rental market. It is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3507 Sabina Subject | $899,000* List Price | 0 | 0 | 2,812 | $320 | - |
A 3752 E 6th Sold | $845,000 | 0 | 0 | 2,624 | $322 | 0.4 mi |
B 3078 E 6th Street Sold | $850,000 | 0 | 0 | 2,279 | $373 | 0.4 mi |
C 3333 Whittier Boulevard Active | $990,000 List Price | 0 | 0 | 2,537 | $390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property shows its age with largely original or minimally updated features. Unit 1 features hardwood floors and vintage tile bathrooms (pink/blue), indicating a lack of modern renovation. The kitchen in Unit 1 has older wood cabinets, laminate countertops, and older appliances (white stove, white refrigerator, older washer/dryer). Unit 2 and 3 kitchens and bathrooms are also very dated, with older tile countertops, basic white appliances, and worn flooring (linoleum/vinyl). The overall condition suggests regular upkeep but significant modernization is needed to meet current standards. The presence of window AC units and wall heaters further points to outdated systems. While functional, the property requires substantial cosmetic and system updates to move beyond 'fair' condition.
As a triplex, the property inherently offers strong income potential, ideal for investors or owner-occupants looking to offset housing costs with rental income from three separate units.
The property is explicitly noted for its 'long-term upside' and 'value-add potential,' with flexible floor plans allowing for future improvements to enhance its market value and rental yield.
The gated lot features a long driveway, multiple parking spaces, and covered parking, along with a front garden area and rear yard space, which are significant advantages in urban Los Angeles.
Built in 1961, the property's age suggests that major systems (e.g., plumbing, electrical, roof, HVAC) may be original or older, potentially requiring significant capital expenditure for updates or replacement.
While possessing 'original character' and 'vintage tile bathrooms,' the units may require substantial modernization to meet contemporary tenant expectations and maximize rental income, aligning with the 'value-add' but also indicating current deficiencies.
The description does not mention key modern amenities such as central air conditioning or in-unit laundry, which are increasingly desired by tenants and could be a competitive disadvantage without upgrades.
Charming triplex offering strong income potential and long-term upside in Boyle Heights. The property consists of three separate units, each with its own entrance and functional layout, ideal for investors or owner-users seeking rental income. Units feature a blend of original character and practical living spaces, including hardwood flooring, vintage tile bathrooms, built-in cabinetry, and generous natural light. Kitchens provide ample storage and counter space, with open connections to dining and living areas in select units. Bedrooms are well-sized, and floor plans offer flexibility for future improvements. The property is situated on a gated lot with a long driveway, multiple parking spaces, and covered parking. Additional features include a front garden area, rear yard space, and on-site storage. Conveniently located near major transportation routes, shopping, dining, and employment centers. A solid opportunity for investors seeking steady income with value-add potential, or an owner-occupant looking to offset housing costs with rental income. Do not miss the chance to tour this home while it's available!
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 | 2,812 | 1,874 | 71% |
| Lot Size | 6,025 | 6,014 | 50% |
| Price | $899.0K | $730.5K | 93% |
| Price per sq ft | $320 | $368 | 36% |
| Built year | 1961 | 1923 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 184 | 21% |
Jan 27, 2026
$899,000
Initial Listing