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Listed by: Armen Sarkissian (626) 685-1121 DRE #01242603 | Berkshire Hathaway HomeServices California Properties (626) 440-5100
$949,000
Monthly Est:$4,724
6 Beds
4 Baths
3,200sqft
731 S Boyle Ave, Los Angeles, CA 90023
$949,000
$4,724/moEst:
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Multi Family
Built in 1916
$-- HOA
8,885 sqft lot
$297/sq.ft
Description
Here's a fantastic opportunity to purchase an existing cash-producing fourplex with plans for an architecturally significant second building on the 8800+ sq. ft. lot. Prime fourplex including previously approved plans for the construction of five additional units in vibrant Boyle Heights. A stone's throw from the iconic 6th street bridge, DTLA Arts District, Hollenbeck Park, public transit, freeways, and local cultural monuments. Existing building is currently a mix of two 2-bedroom units and two 1-bedroom units totalling 3200 interior sq. ft. Plans for the new building include five 1-bedroom units, one being earmarked as a low-income qualifying unit. Separate gas & electric meters for each unit with one main water meter for the existing building. Take advantage of this growing market already in demand with continued growth, making this an ideal investment opportunity.
- Houzeo last checked: 5 minutes ago
- Listing updated: September 8, 2026 at 7:52 pm
- Source: California Regional MLS-CA | MLS#: 25631433
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1916
HOA Fees
-
Finished Area
3,200 sqft
Lot Size
8,885 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25631433
MLS Status
Active
Days on Market
308
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Interior
Sewer
Sewer Tap Paid
Heating
Wall Furnace
Cooling
Wall Window Units
Utilities & Energy
Water Source
Public
Security Features
Carbon Monoxide Detectors, Gated Community
Parking Features
On Street
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Rent Control
Community Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
07/06/2026 Source: | Price Decreased | $969,000 -5.83% $303/sqft |
12/29/2025 Source: | Listed for Sale | $1,029,000 +8.43% $322/sqft |
12/29/2025 Source: | Price Increased | $949,000 +66.78% $297/sqft |
03/25/2016 Source: | Sold | $569,000 $178/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 12:30AM 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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