507 S GRANDE VISTA Avenue Los Angeles, CA 90063
Multi-Family (2-4 Units)
MLS #: SW25023952
Courtesy Of Eric Newman
$808,000
5 beds
|
3 baths
|
2,278 sq ft
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Estimated monthly payments:
$3,532/mo.* (recalculate)
Property InformationDescription
**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City's rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units.
The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.
Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment.
Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
MAP & DIRECTIONS
School Information
507 S GRANDE VISTA Avenue, Los Angeles, CA 90063
Elementary School
Grades KG-5 |
Public School
EUCLID AVENUE ELEMENTARY SCHOOL
Los Angeles, CA 90023
806 Euclid Ave
323.263.6792
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
21:1
Total Students
785
Middle School
Grades 6-8 |
Public School
STEVENSON MIDDLE SCHOOL
Los Angeles, CA 90023
725 S Indiana St
323.780.6400
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
994
High School
Grades 9-12 |
Public School
THEODORE ROOSEVELT HIGH SCHOOL
Los Angeles, CA 90033
456 S Mathews St
323.780.6500
Distance: 0.6 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
1452
High School
Grades 9-12 |
Public School
FELICITAS & GONZALO MENDEZ HIGH SCHOOL
Los Angeles, CA 90033
1200 Plaza Del Sol St
323.981.5400
Distance: 1.8 mi
School Rating
C
Student:Teacher Ratio
18:1
Total Students
958
High School
Grades 9-12 |
Public School
BOYLE HEIGHTS STEM HIGH SCHOOL
Los Angeles, CA 90023
2550 E 6th St
323.268.1031
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
12:1
Total Students
159
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Kipp Promesa Preparatory | 0.3 mi | Public | KG-4 | B |
| Our Lady Of Talpa School | 0.3 mi | Private | PK-8 | |
| Kipp Los Angeles College Preparatory | 0.5 mi | Public | 5-8 | A- |
| 1st Street Elementary | 0.5 mi | Public | PK-6 | B |
| Sunrise Elementary School | 0.5 mi | Public | KG-6 | C |
| Lorena Street Elementary School | 0.6 mi | Public | KG-5 | C |
| Extera Public School No. 2 | 0.6 mi | Public | KG-5 | C |
| Ramona Opportunity High School | 0.6 mi | Public | 7-12 | |
| Math, Science, & Technology Magnet Academy At Roosevelt High School | 0.6 mi | Public | 9-12 | A- |
| Boyle Heights Continuation | 0.6 mi | Public | 9-12 | D- |
| Hollenbeck Middle School | 0.7 mi | Public | 6-8 | C |
| Collegiate Charter High School Of Los Angeles | 0.7 mi | Public | 9-12 | B- |
| Oscar De La Hoya Animo Charter High School | 0.7 mi | Public | 9-12 | C+ |
| School Of Santa Isabel | 0.8 mi | Private | KG-8 | |
| Alliance Morgan Mckinzie High School | 0.8 mi | Public | 9-12 | B |
| Resurrection School | 0.8 mi | Private | PK-8 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90063
| Median Age: | 35.9 |
|---|---|
| Married: | 45% |
| Number of Households: | 12,609 |
| Households with Children: | 44.8% |
Los Angeles, CA 90063
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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