Boyle Heights (BOYH) Homes with Quadruplex Subtype

Boyle Heights (BOYH) Homes with Quadruplex Subtype

Welcome to Boyle Heights, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its deep-rooted history and strong sense of community, Boyle Heights offers a unique blend of urban living and suburban charm. This dynamic area is characterized by its colorful murals, eclectic eateries, and a thriving arts scene, making it a desirable destination for families, young professionals, and investors alike.

One of the standout features of Boyle Heights is its diverse architectural landscape, particularly the availability of homes with a quadruplex subtype. These multifamily residences are an excellent opportunity for those looking to invest in real estate while enjoying the benefits of rental income. Quadruplex homes typically consist of four separate living units, allowing homeowners to occupy one unit while renting out the others. This setup not only provides a steady stream of income but also fosters a sense of community among residents.

Living in Boyle Heights means being surrounded by a rich tapestry of cultural experiences. The neighborhood boasts easy access to public transportation, making commutes to downtown Los Angeles a breeze. Residents can enjoy the nearby parks, local markets, and a variety of dining options that reflect the area's diverse heritage. With ongoing revitalization efforts, Boyle Heights is poised for growth, making it an ideal location for both homebuyers and investors seeking to capitalize on the area's potential.

Explore the charm of Boyle Heights and discover the opportunities that await you in this remarkable neighborhood, where community spirit and real estate potential thrive together.

Newest Boyle Heights (BOYH) Homes with Quadruplex Subtype

$798,988
PW26099376 MLS Active Status
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. 926 Spence Street is a huge opportunity in Historic East Los Angeles, specifically tailored for investors or houseowners looking to leverage a Trust Sale into a generational wealth-building project. This sprawling 7,500-square-foot lot, zoned for Quadruplex use, is currently used as a 3 compound with a detached oversized garage begging to be converted into an ADU. By acquiring this asset, an investor secures a primary 3-bedroom, 2-bathroom rear residence ($4,000/mo market) in the back, with 2, 1-bedroom units (928 & 930) in front providing immediate, stable cash flow of $2,920/mo from long-term tenants. The "campus-style" layout gives you separation, providing the kind of privacy and outdoor areas increasingly rare in East LA. For property management ease, the units feature separate water heaters, gas meters, and electrical meters, the owner covers trash/water. The oversized garage an immediate footprint for a $2,200/mo ADU conversion, allowing the next owner to stabilize the asset as a four-unit powerhouse with projected annual revenue over $119,000 by Year 3. The "House-Hack" math is staggering: by living in the 3BR unit and applying rental income and the $2,000 monthly tax subsidy (check with your CPA), the net effective mortgage can feel like paying rent. Positioned in a high-velocity development zone near the Arts District and DTLA, this asset offers 100% Bonus Depreciation for a potential Day-1 tax shield. This rare convergence of zoning density, utility efficiency, and massive financial upside is the premier investment in East LA today.

926 Spence, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.