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3207 E 2nd Street
Los Angeles CA 90063 US

$549,000

Active Listing ID BB24220777
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3 bed
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3.00 Bath (3 Full)
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Lot: 4,802.00 Square Feet
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Triplex

$549,000

Active Listing ID BB24220777
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3207 E 2nd Street Boyle Heights Triplex – Exceptional Investment Opportunity. Presenting a remarkable investment opportunity in the heart of Boyle Heights, this well-maintained triplex features 3 spacious one-bedroom, one-bathroom units, each currently rented at rates significantly below market value. This property offers a unique chance for investors seeking to capitalize on the untapped potential of the area while enjoying steady rental income. Nestled in a quiet, residential neighborhood of Boyle Heights, this triplex is strategically situated to benefit from the ongoing revitalization and growth in the region. The property is conveniently located near major transportation routes, local amenities, and vibrant community features, making it an attractive option for tenants seeking both comfort and accessibility. Each unit boasts a well-designed floor plan that maximizes space and functionality. The one-bedroom layout provides ample living space, a comfortable bedroom, and a full bathroom. The existing rental agreements reflect a long-term commitment from tenants, ensuring immediate cash flow while presenting the opportunity for future rent adjustments. One of the standout features of this triplex is the significant upside potential. With all units currently rented at rates below the market average, there is an immediate opportunity to increase rental income through strategic property management or upgrades. Investors can explore options such as cosmetic improvements or amenities enhancements, which can further elevate the property's value and appeal. The property is located in a serene and well-established neighborhood, providing a peaceful environment for residents. This tranquil setting is a major draw for prospective tenants, contributing to a high demand for rental units in the area. The community is also enriched by local parks, schools, and cultural landmarks, enhancing the overall living experience. Don’t miss your chance to invest in a property that combines immediate income with the promise of future growth. Schedule your private showing today to explore the possibilities this triplex has to offer.

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Property Features

  • Facts
  • Lot Size: 4,802.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Fence, Community Features Included: Curbs, Sidewalks, Walkstreet
  • Floor Covering: Wood
  • Roof Type: Asphalt

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 549000
  • unparsedaddress: 3207 E 2nd Street
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90063
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.110238751147842
  • lotsizeunits: Square Feet
  • lotsizearea: 4802
  • livingarea: 2125
  • livingareaunits: Square Feet
  • listagentfullname: Alin Glogovicean
  • listagentemail: Alin.Glogovicean@redfin.com
  • listagentkey: 3yd-MRMLSCA-BB41849
  • listagentmlsid: BB41849
  • listagentpreferredphone: 8183957772
  • listagentofficephone: 8779733346
  • listofficekey: 3yd-MRMLSCA-BH5345356
  • listagentstatelicense: 01327641
  • listofficemlsid: BH5345356
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1909
  • listingcontractdate: 2024-10-28
  • listagenturl: http://www.redfin.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5179009002
  • cooling: Window Unit(s) A/C
  • flooring: Wood
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • roof: Asphalt
  • view: None
  • waterfrontyn: False
  • interiorfeatures: Ceramic Counters, Storage, Tile Counters
  • exteriorfeatures: Fence, Community Features Included: Curbs, Sidewalks, Walkstreet
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Redfin Corporation", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Alin.Glogovicean@redfin.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mark.bennett@redfin.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Redfin Corporation", "ListBrokeragePhone":"(949) 294-6186", "ListBrokeragePostalCode":"90802", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 440", "ListBrokerageUnparsedAddress":"115 Pine Ave", "ListBrokerageWebsiteUrl":"http://www.redfin.com/", "ListOfficeAddress1":"15301 Ventura Blvd Building B", "ListOfficeAddress2":"Suite 300", "ListOfficeBrokerMlsId":"SBENNMA2", "ListOfficeCity":"Sherman Oaks", "ListOfficeCountry":"US", "ListOfficeEmail":"mark.bennett@redfin.com", "ListOfficePostalCode":"91403", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3207-E-2nd-St_Los-Angeles_CA_90063_M11731-13026?f=listhub&s=MRMLSCA&m=BB24220777&c=rexren", "MLSModificationTimestamp":"2024-10-28T12:12:30Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/28/2024 9:42:48 PM GMT
Source Updated Date: 10/31/2024 6:52:10 AM GMT

Courtesy of: Alin Glogovicean, Redfin Corporation, Alin.Glogovicean@redfin.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.