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Sold for $780,500 on 10/18/23
  • Listing Provided by: 

    Will Kaliel DRE #01720864 626-445-5500,

    Coldwell Banker Residential

    Bought with: Coldwell Banker Residential
    $780,500

    2440 Cincinnati St, Los Angeles, CA 90033

    3beds
    4baths
    1,774sqft
    Triplex
    Built in 1905
    -- sqft lot
    $862,600 Zestimate®
    $440/sqft
    $3,180 Estimated rent

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    $3,180/mo

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    $3,180/mo

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    $4,766/mo

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    $4,766/mo

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    What's special

    Great investment opportunity in Boyle Heights, can be great for an owner-user or a developer. The property is zoned R3, with endless opportunities to build multi-units. The largest unit, approx. 1100 sq.ft. is vacant and has a large living room, kitchen with granite countertops, a laundry area, 3/4 bath, with a large bedroom with an attached full bathroom. Perfect opportunity to live in the property and rent out the other units. Additional units are both 1 bed, 3/4 bath, approx. 700 sq.ft. and are tenant occupied but can be delivered vacant. The property is gated and secured. Alley access provides parking for multiple cars on a concrete pad. It needs a little TLC to get maximum rents, but the prime option is to build 4 brand new units as they did right next door. This property is located in a Tier 3 TOC. Great opportunity in the heart of Boyle Heights! Close to freeways, the metro station, shops, and a bike ride away to the Arts District in DTLA.

    Zillow last checked: 8 hours ago

    Listing updated: February 15, 2024 at 12:36pm

    Listing Provided by:

    Will Kaliel DRE #01720864 626-445-5500,

    Coldwell Banker Residential

    Bought with:

    Will Kaliel, DRE #01720864

    Coldwell Banker Residential

    Source: CRMLS,MLS#: PF23145458MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Appliances
    • Laundry: In Kitchen
    Features
    • Flooring: Tile, Wood
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,774
    • Total interior livable area: 1,774 sqft

    Property

    Parking
    • Parking features: Concrete
    Features
    • Levels: One
    • Stories: 1
    • Entry location: south facing
    • Pool features: None
    Lot
    • Size: 7,000 sqft
    • Features: Back Yard, Front Yard, Walkstreet, Yard
    Details
    • Parcel number: 5177034005
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange,FHA 203(b),FHA 203(k),FHA
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    Estimated market value
    $862,600