#CV25053787, Albert Gutierrez, Listing Office: ACES PROPERTIES

142 S Savannah St Los Angeles, CA 90033
Property details
About 142 S Savannah St
THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updated—including electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 6–8 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional units—buyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.
Highlights
Summary
- Appliances: Dryer, Washer
- Private Pool: No
- Parking: Driveway, Private, One Space, Side By Side
- List Price: $1,165,000
- Annual Tax Amount: $1,327
- Tax Year: 2024
- Directions: between 1st and 2nd street.
- Year Built: 1959
- Stories: 2
- Lot Size: 0.1194 Acres
- MLS Number: GD25113932
- MLS Name: CRMLS
- Office Name: Luxury Collective
- Office Phone: (818) 212-7600
- Listing Agent: Andrea Megerdichian
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,165,000
142 S Savannah St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 23, 2024 | Home Sold | $813,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $72,515 | $1,327 |
2023 | $71,094 | $1,226 |
2022 | $69,701 | $1,181 |
2021 | $68,335 | $1,151 |
2020 | $67,635 | $1,122 |
2019 | $66,310 | $1,041 |
2018 | $65,011 | $1,020 |
2017 | $63,737 | $1,020 |
History based on county public records data.
Nearby schools
6
1st Street Elementary
Public District PK-6
0.1 mi
•2820 E 1st St
6
Kipp Promesa Preparatory
Public Charter KG-4
0.2 mi
•207 S Dacotah St
3
Breed Street Elementary School
Public District KG-6
0.6 mi
•2226 E 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,571. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 142 S Savannah St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 25, 2025 and is currently priced at $1,165,000.
While more than 395 listings in Los Angeles, CA in April 2025 were sold above asking price, there were more than 148 listings sold at asking price, and more than 328 were sold below. The number of listings in Los Angeles, CA increased by 10.2% between March and April 2025. In April 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $896,516.