473 Savannah, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Multi-Unit Residential Income Asset is listed at $1,050,000, representing a stable acquisition priced accurately at its $1,050,000 Fair Market Value. The property features a high-demand configuration of Three Separate Buildings on a single lot, offering a City Lights View and enhanced tenant privacy. While the Fair Condition Rating reflects its 1915 vintage, the presence of Separate Utility Meters and proximity to the Metro Station and Arts District ensures strong rental appeal and low overhead. This asset is a strategic entry for Buy-and-Hold Investors or Owner-Occupants seeking a reliable income-producing property in Boyle Heights.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 473 Savannah Subject | $1,050,000* List Price | 0 | 0 | 2,335 | $450 | - |
A 305 S Mott Active | $1,058,888 List Price | 0 | 0 | 2,421 | $437 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1915, shows signs of age and wear consistent with a 'fair' condition. While the listing mentions updates, the exterior images reveal cracked concrete walkways, rusted metal fencing and stairs, and weathered stucco. The absence of interior photos makes it impossible to verify the quality of the kitchens or bathrooms, suggesting that while the property is functional and maintained, it likely features outdated aesthetics and aging infrastructure.
The property features four units spread across three separate buildings on a single lot, providing tenants with enhanced privacy and reduced noise compared to traditional high-density apartment blocks.
Situated just five blocks from the Metro Station and near major freeways, the property offers excellent connectivity to the Arts District and Downtown LA, making it highly attractive to the urban commuter workforce.
All units are equipped with separate gas and electric meters, which significantly reduces landlord overhead and simplifies the management of tenant utility responsibilities.
With only two parking spaces provided for four units, the property may face challenges in attracting tenants with multiple vehicles in a high-demand urban area where street parking is often competitive.
Originally constructed in 1915, the property's century-old age may necessitate higher long-term capital expenditures for structural maintenance and system upgrades despite recent cosmetic updates.
FOUR units in Boyle Heights, Excellent opportunity to own property in highly sought-after THREE separate buildings on one lot. The unit mix includes one spacious TWO-bed/one-bath Single TWO story REAR unit plus THREE - one-bed/one-bath units, Great income well-maintained and updated buildings, in the last years. TWO-car parking, access thru the alley , and separate gas and electric meters for all units. Central location neighborhood near Roosevelt High School, public transit, and local shops. Downtown LA, the Arts District. with easy access to Downtown LA, shopping, dining, and entertainment. It is only five blocks or a walking distance to the Metro Station and offers quick access to Freeways San Bernardino and Pomona.
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 | 2,335 | 2,269 | 73% |
| Lot Size | 5,842 | 5,842 | 50% |
| Price | $1.05M | $775.0K | 73% |
| Price per sq ft | $450 | $408 | 73% |
| Built year | 1915 | 1924 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 144 | 204 | 36% |
Dec 19, 2025
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Nov 29, 2025
$1,100,000
Initial Listing
Oct 29, 2021
$889,000
Public Record
Sep 15, 2017
$600,000
Public Record
Jul 9, 2012
$335,000
Public Record
Mar 24, 2011
$167,000
Public Record