THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updated—including electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 6–8 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional units—buyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.
Under contract
Listing Provided by:
Andrea Megerdichian DRE #01975185 818-212-7600,
Luxury Collective,
Karineh Megerdichian DRE #01836078 818-975-5175,
Luxury Collective
$1,165,000
142 S Savannah St, Los Angeles, CA 90033
8beds
4baths
2,656sqft
Est.:
Quadruplex
Built in 1959
-- sqft lot
$1,156,800 Zestimate®
$439/sqft
$-- HOA
What's special
- 70 days
- on Zillow |
- 95 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 02:58pm
Listing Provided by:
Andrea Megerdichian DRE #01975185 818-212-7600,
Luxury Collective,
Karineh Megerdichian DRE #01836078 818-975-5175,
Luxury Collective
Source: CRMLS,MLS#: GD25113932
Originating MLS: California Regional MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Included: Dryer, Washer
- Laundry: Inside, In Kitchen
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,656
- Total interior livable area: 2,656 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Private, One Space, Side By Side
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 5,199 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5180021012
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $72,515
- Annual tax amount: $1,328
- Date on market: 5/25/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: All Utilities
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