Tucked away on a peaceful corner in East Los Angeles, right where the city meets Montebello, sits an opportunity waiting to be seized. This three-unit property doesn't just offer a prime location—it opens the door to something bigger. Step outside, and you'll find yourself minutes from everything that matters. The Metro stop beckons to commuters, while nearby shops and schools make daily life a breeze. Dual street addresses and easy freeway access add layers of convenience that modern city dwellers crave. But here's where it gets interesting: that empty four-car garage isn't just storage space—it's your next investment. The City of Los Angeles has already approved plans for a fourth unit, an ADU spanning 950 square feet. Picture this: two bedrooms, two bathrooms, and a dedicated laundry area, all ready to transform from blueprint to reality. Smart investors take note—this isn't just a building, it's a foundation for growth.
For sale
Listing Provided by:
Danny Villela DRE #01793116 626-720-4760,
BOT Real Estate,
Dina Corchado DRE #01981998,
BOT Real Estate
Price cut: $376K (8/4)
$699,000
231 Blackshear Ave, Los Angeles, CA 90022
5beds
3baths
2,271sqft
Est.:
Triplex
Built in 1948
-- sqft lot
$1,073,700 Zestimate®
$308/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 588 |
- 71 |
Zillow last checked: 7 hours ago
Listing updated: 16 hours ago
Listing Provided by:
Danny Villela DRE #01793116 626-720-4760,
BOT Real Estate,
Dina Corchado DRE #01981998,
BOT Real Estate
Source: CRMLS,MLS#: PF25174780
Originating MLS: California Regional MLS

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,271
- Total interior livable area: 2,271 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 5,188 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5249015014
- Zoning: LCR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Suburban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $918,000
- Annual tax amount: $12,803
- Date on market: 8/4/2025
- Listing terms: Cash,Conventional
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