142 S Savannah Street new

Los Angeles,CA 90033

$ 1165000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25113932

Bedrooms 8

Lot Size 5,199 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updatedincluding electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 68 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional unitsbuyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.
THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updatedincluding electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 68 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional unitsbuyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.

Location

State CA

County Los Angeles

Area Los Angeles (90033)

Zoning Public Rec

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Monthly Total Fees $38

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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