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Listed by: Luis Perales (805) 857-5339 DRE #01720854 | Century 21 Masters (805) 650-0555
$1,299,900
Monthly Est:$6,470
5 Beds
- 3 Baths
1,992sqft
2338 Sheridan St, Los Angeles, CA 90033
$1,299,900
$6,470/moEst:
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Multi Family
Built in 1959
$-- HOA
7,752 sqft lot
$653/sq.ft
Description
Welcome to a rare opportunity to own a duplex in the heart of vibrant Boyle Heights. Situated on an expansive approximately 7,700-square-foot lot, this income-producing property offers nearly 2,000 square feet of living space with a combined total of 5 bedrooms and 2 bathrooms, making it ideal for investors, developers, owner-occupants, or multi-generational living.One of the property's most exciting features is its exceptional redevelopment potential. According to preliminary development information, the site may offer the opportunity to build 18 or more residential units (buyer to independently verify with the City of Los Angeles, zoning regulations, and all applicable development incentives). Whether you're looking to capitalize on existing rental income while planning a future project or move forward with redevelopment, this property presents a compelling opportunity in a high-demand location.Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and popular local dining, this property combines prime accessibility with significant upside potential.Whether you're an investor seeking cash flow, a developer looking for your next project, or a buyer searching for a property with long-term appreciation potential, this property delivers a unique combination of location, income, and development possibilities. Opportunities like this are increasingly rare--don't miss your chance to unlock the full potential of this exceptional property.
- Houzeo last checked: 5 minutes ago
- Listing updated: September 2, 2026 at 5:56 pm
- Source: California Regional MLS-CA | MLS#: V1-37991

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1959
HOA Fees
-
Finished Area
1,992 sqft
Lot Size
7,752 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
V1-37991
MLS Status
Active
Days on Market
91
Cumulative Days on Market
29

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Heating
Wall Furnace
Cooling
None
Utilities & Energy
Parking Features
Converted Garage
Pool Features
None
Fireplace Features
None
Other Features
Subdivision Name
Not Applicable
Community Features
Sidewalks
Lot Features
Sprinklers None
Price History
| Date | Event | Price |
|---|---|---|
08/03/2026 Source: | Price Decreased | $1,299,900 -13.34% $653/sqft |
08/03/2026 Source: | Listed for Sale | $1,500,000 $753/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 01:15AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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