755 S Boyle, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90023
Analysis of 755 S Boyle, Los Angeles, California 90023 is currently available with a list price of $2,199,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1925, this 14-unit property shows a mix of conditions. While some units have been updated with modern cabinetry, quartz countertops, and laminate flooring, the common areas remain significantly dated with aged plaster walls, worn wooden staircases, and exposed ceiling pipes. The building is functional and maintained but requires further modernization of its vintage infrastructure and common spaces.
Situated in the heart of Boyle Heights, the property offers unparalleled access to Downtown Los Angeles and four major freeways (5, 10, 60, and 101), making it highly attractive for commuters.
The building features a versatile composition of 14 units, including a mix of singles, one-bedroom, and two-bedroom apartments, providing a balanced rental portfolio to capture various market segments.
With 14 units across over 9,500 square feet of building space, this property represents a significant value-add opportunity for investors looking to maximize cash flow in a high-demand rental submarket.
Constructed in 1925, the property likely requires ongoing maintenance and capital improvements to modernize aging systems and comply with contemporary building codes or seismic requirements.
The high unit density on a relatively small 6,841 square foot lot suggests that on-site parking is extremely limited, which can be a significant drawback for tenants in a vehicle-dependent city.
The property is located in Boyle Heights. It is very centrally located. It is close to downtown Los Angeles . It is near Hollenbeck Park. There is shopping and restaurants all around. There is a very large cemented area in the back of the property. There is a nice mix of units. 1 x 2 bedroom, 5 x 1 bedrooms, 8 x Singles. Freeways, 5, 10 , 60 and 101 are very close.
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 | 9,532 | 6,059 | 67% |
| Lot Size | 6,841 | 6,841 | 50% |
| Price | $2.20M | $1.18M | 67% |
| Price per sq ft | $231 | $231 | 50% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 379 | 33% |
Apr 9, 2026
$2,199,000
Initial Listing
Dec 19, 2002
$560,000
Public Record
Mar 29, 1996
$245,000
Public Record