Boyle Heights (BOYH) Homes with Quadruplex Subtype

Boyle Heights (BOYH) Homes with Quadruplex Subtype

Welcome to Boyle Heights, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural heritage and dynamic community spirit, Boyle Heights is a place where history meets modern living. With its close proximity to downtown Los Angeles, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, making it an ideal location for both families and young professionals.

One of the unique housing options available in Boyle Heights is the quadruplex. These multi-family homes present an exceptional opportunity for investors and homeowners alike. With four separate units, a quadruplex not only provides ample living space but also the potential for rental income, making it a savvy investment choice. Imagine living in one unit while renting out the others, creating a sustainable income stream that can help offset your mortgage.

The architectural styles of quadruplexes in Boyle Heights often reflect the neighborhood's rich history, featuring charming details that add character to the streetscape. Many of these homes are situated within walking distance of parks, schools, and local markets, fostering a sense of community and convenience for residents.

In Boyle Heights, you’ll find a diverse community that celebrates its cultural roots through art, music, and local events. The neighborhood is also known for its commitment to revitalization and growth, making it an exciting place to call home. Whether you’re looking for a place to live or an investment opportunity, Boyle Heights and its quadruplex offerings provide a unique blend of community spirit and financial potential. Come explore what this remarkable neighborhood has to offer!

Newest Boyle Heights (BOYH) Homes with Quadruplex Subtype

$798,988
PW26099376 MLS Active Under Contract 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.