400 N St Louis, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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400 N St Louis
Los Angeles, California 90033
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
2,610Sq Ft
7,202Lot Size
Property Price
LIST PRICE$760,000
EST. MARKET VALUE
$687,539
10% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $760,000—positioned above the $687,540 Fair Market Value. While the property requires significant capital expenditure due to its Condition Rating of 6, the LAR4 Zoning on a 7,202 sqft lot provides exceptional redevelopment potential. Investors can leverage the site for a scrape-and-build project or value-add renovation in a high-demand corridor. This asset is best suited for Buy-and-Hold Investors or Real Estate Developers seeking to maximize land utility in Los Angeles.
Estimated Market Value
$687,539
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 N St Louis Subject | $760,000* List Price | 0 | 0 | 2,610 | $263 | - |
A 2811 -2813 E Boulder Street Sold | $721,000 | 0 | 0 | 2,272 | $317 | 0.7 mi |
B 1613 E 1st Sold | $625,000 | 0 | 0 | 2,800 | $223 | 0.6 mi |
C 419 N Mott Sold | $570,000 | 5 | 3 | 2,122 | $269 | 0.5 mi |
D 529 S Breed Street Sold | $790,000 | 0 | 0 | 2,974 | $266 | 0.6 mi |
E 2431 E 4th Pending | $850,000 List Price | 5 | 3 | 2,479 | $343 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Property was built in 1923 (>50 years old) with no evidence of recent renovations. The listing description explicitly suggests to 'scrape and build' to maximize the LAR4 zoning, indicating the structure is likely at the end of its functional life and the value lies in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Zoning
The LAR4 zoning on a generous 7,202 sqft lot provides significant redevelopment potential, allowing for the construction of multiple units to maximize the land's utility and value.
- Strategic Location
Situated in the heart of Boyle Heights near major freeways and DTLA, the property offers excellent transit access and proximity to popular local commercial hubs like Guisados and La Monarca Bakery.
- Investment Versatility
This triplex serves as a strong value-add opportunity, offering investors the choice to either renovate the existing structure for higher rental yields or pursue a complete scrape-and-build project.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1923, the property likely requires substantial capital expenditure for modernization and repairs to address century-old systems and potential deferred maintenance.
- Lack of Scenic Views
The property offers no significant views, which may limit its premium appeal and competitive positioning compared to other residential income properties in the Los Angeles market.
About 400 N St Louis
Triplex in the heart of Boyle Heights! great value-add investment opportunity! or scrape and build as many units as the city allows for maximum use of land! Located in one of LA's most in-demand market's zoned LAR4. This property sits right below Boyle Heights commercial corridor, surrounded by beloved local spots like La Monarca Bakery,Guisados, and La Parilla. also has great access to transit and proximity to 5,10 and 101 freeways as well as downtown Los Angeles
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1923
- Lot Size
- 7,202 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,610 | 2,187.451 |
| Lot Size | 7,202 | 5,841.385 |
| Price | $760.0K | $841.5K |
| Price per sq ft | $291 | $385 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 7 | 85 |
Pricing History
Listed for Sale
Sep 2, 2026
$760,000
Initial Listing