547 N St Louis Street, Los Angeles, CA 90033

$989,000 Approx. USD 6 beds, 4 baths
2,194 sqft

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Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

Prime opportunity in the heart of Boyle Heights, just half a block from Cesar Chavez Avenue. This income-producing property is legally a triplex, presenting strong upside potential for both investors and owner-users. The front residence features a vacant 2-bedroom, 1-bathroom unit ideal for an owner-occupant looking to offset their mortgage with rental income. The remaining units are tenant-occupied and include one 2-bedroom, 1-bathroom unit and one 1-bedroom, 1-bathroom unit, both on month-to-month agreements, providing immediate cash flow with flexibility for future adjustments. The property currently generates strong rental income with Unit A at $2,007 per month and Unit B at $1,750 per month. Tenants are on month-to-month leases, offering flexibility for future rent adjustments or occupancy changes.Recent upgrades enhance both value and efficiency, including new roofs on all structures (2025), solar installation (2026), separately metered utilities (2026), and mini-split heating and cooling systems in all units (2025), providing both air conditioning and heat for year-round comfort. Additional features include covered driveway parking, exterior storage, and a private outdoor area perfect for relaxing or entertaining. Owner pays water, sewer, and gas; tenants pay electricity and trash. A rare opportunity to own a versatile, upgraded multi-unit property in one of Los Angeles' most sought-after rental corridors.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26715481

Price: $989,000

Beds: 6

Baths: 4

Built in 1965

2,194 sqft

1 story

0.13 acres

Lot size: 0.1275