Keller Williams Realty - Jeff Menendez Homes
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Listing Courtesy Of: Trevino Properties Inc., 323-302-8400, Alexander Trevino
Local Realty Services Provided By: Keller Williams Realty Los Feliz
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$699,000
2857 Cincinnati St, Los Angeles, CA 90033
4 Beds
4 Baths
3,884 sq ft
.14 ac
$699,000

2857 Cincinnati St, Los Angeles, CA 90033

Estimation provided by Keller Williams Realty Inc.
4 Beds
4 Baths
3,884 sq ft
.14 ac
Pending
For Sale

Property Description

Prime Investment Opportunity in Boyle Heights. Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours!

Property Details

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Overview
Property Type
Residential Income
Property Size
3,884 sq ft
Year Built
1924
Days on Site
108 Days
HVAC
Cooling: Wall Unit(s), Heating: Wall
Parking
4 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

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0
SAVES
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0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $699,000
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Price & Tax History

Date
Event
Price
12/05/2024
Listed
$699,000
(+8.37%)
09/11/2017
Sold
$645,000
(+10.26%)
02/27/2017
Sold
$585,000
(+0.19%)
02/22/2017
Sold
$583,907
(+19.53%)
12/29/2015
Sold
$488,500
(+1,623.41%)
04/22/2010
Sold
$28,345
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$9,069
(+4.72%)
$705,397
Land 395,023 + Additions 310,374
2022
$8,661
(+1.43%)
$678,008
Land 379,685 + Additions 298,323
2021
$8,539
(+2.99%)
$678,008
Land 379,685 + Additions 298,323
2019
$8,291
(+20,727,925%)
$671,057
Land 375,792 + Additions 295,265
2017
$0.04
$645,000
Land 306,000 + Additions 288,660
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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