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Sold for $720,000 on 09/14/23
  • $720,000

    642 N Boyle Ave, Los Angeles, CA 90033

    --beds
    --baths
    6,744sqft
    Quadruplex
    Built in 2025
    -- sqft lot
    $1,025,000 Zestimate®
    $107/sqft
    $4,616 Estimated rent

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    $4,616/mo

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    $4,616/mo

    Rent Zestimate®

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    $4,403/mo

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    $4,403/mo

    Est. payment

    What's special

    LIKE NO OTHER: - Less than 1 mile from White Memorial, LA County General Hospitals: Introducing a stunning well-appointed side-by-side 4- Units on each lot, comprised of modern contemporary 3-story townhouse style units, NEWLY built 2025, with NO RENT CONTROL, located in the HEART OF BOYLE HEIGHTS neighborhood conveniently adjacent to the vibrant sister cities of City Terrace, El Sereno, East LA, Lincoln Heights. This development is truly a one of kind trophy property. This property is the perfect investment for a non-profit organization looking to add to their existing portfolio of rehabilitation housing programs. Logistically, everything is within a short 1-5 miles commute away The Arts District, Downtown LA, Little Toyko, the New 6th Street Bridge, Union Station, Cal State LA, Schools, Restaurants, Parks, and walking distance to the Mariachi Plaza Metro Station. This property offers a unique blend of contemporary amenities, cost-saving features, and income potential. Don't miss out on the opportunity to earn positive cash flow with annual rent increases, leverage new construction tax benefits, minimize maintenance costs, 1 Yr. fit and finish builder’s warranty. Make this the one and witness appreciation in one of North East Los Angeles most desirable robust markets. Property sits on a large flat lot, 7,167 with plenty of surface parking spaces. Total living Sq Ft: 6,744 + 418 for the 2 car tandem garage, Units are individually metered, each unit is fully equipped with all appliances, and paid off solar panels. The Developer has paid careful attention to all the details of the building to stand out from other new buildings. Make this your next investment purchase, this is a ONE OF KIND SIDE BY SIDE 4-plex! Call and book your private tour today!

    Zillow last checked: 8 hours ago

    Listing updated: May 08, 2025 at 07:17am

    Source: CRMLS,MLS#: MB25101213MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Electric Dryer Hookup, Inside
    Features
    • Multiple Staircases, Bedroom on Main Level, Utility Room, Walk-In Closet(s)
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 6,744
    • Total interior livable area: 6,744 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage, Garage Faces Rear
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: ground level with steps
    • Pool features: None
    • Fencing: Block,Security,Wrought Iron
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,171 sqft
    Details
    • Parcel number: 5174005016
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private

    Community & neighborhood

    Community
    • Community features: Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Submit
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    Estimated market value
    $1,025,000