3207 E 2nd Street Los Angeles, CA 90063

Multi-Family (2-4 Units) MLS #: BB24220777 Courtesy Of Redfin Corporation

$549,000

3 beds | 3 baths | 2,125 sq ft
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Estimated monthly payments: $2,400/mo.* (recalculate)

Property InformationDescription

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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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Floor Covering: Wood
  • Roof Type: Asphalt

MAP & DIRECTIONS

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3207 E 2nd Street, Los Angeles, CA 90063
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School Information

3207 E 2nd Street, Los Angeles, CA 90063

Elementary School
Grades PK-6 | Public School
1ST STREET ELEMENTARY
Los Angeles, CA 90033
2820 E 1st St
323.­269.0138
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
460
Middle School
N/A
High School
Grades 9-12 | Public School
THEODORE ROOSEVELT HIGH SCHOOL
Los Angeles, CA 90033
456 S Mathews St
323.­780.6500
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
1452
High School
Grades 9-12 | Public School
FELICITAS & GONZALO MENDEZ HIGH SCHOOL
Los Angeles, CA 90033
1200 Plaza Del Sol St
323.­981.5400
Distance: 1.8 mi
School Rating
C
Student:Teacher Ratio
18:1
Total Students
958
High School
Grades 9-12 | Public School
BOYLE HEIGHTS STEM HIGH SCHOOL
Los Angeles, CA 90023
2550 E 6th St
323.­268.1031
Distance: 0.6 mi
School Rating
B+
Student:Teacher Ratio
12:1
Total Students
159
Other Nearby Schools Distance Type Grades School Rating
Kipp Promesa Preparatory 0.2 mi Public KG-4 B
Our Lady Of Talpa School 0.3 mi Private PK-8
Ramona Opportunity High School 0.5 mi Public 7-12
Malabar Street Elementary 0.5 mi Public KG-6 B
Euclid Avenue Elementary School 0.6 mi Public KG-5 C-
Alliance Morgan Mckinzie High School 0.6 mi Public 9-12 B
Alliance College-ready Middle Academy 8 0.7 mi Public 6-8
Math, Science, & Technology Magnet Academy At Roosevelt High School 0.7 mi Public 9-12 A-
Kipp Los Angeles College Preparatory 0.7 mi Public 5-8 A-
Belvedere Elementary School 0.7 mi Public KG-5 D
Boyle Heights Continuation 0.7 mi Public 9-12 D-
City Of Angels 0.8 mi Public KG-12 D
Stevenson Middle School 0.8 mi Public 6-8 C-
Collegiate Charter High School Of Los Angeles 0.8 mi Public 9-12 B-
Hollenbeck Middle School 0.8 mi Public 6-8 C
Sunrise Elementary School 0.8 mi Public KG-6 C
Lorena Street Elementary School 0.8 mi Public KG-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90063

Median Age: 35.9
Married: 45%
Number of Households: 12,609
Households with Children: 44.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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