$10,000
closing credit¹
207 N Savannah St Los Angeles, CA 90033
Property details
About 207 N Savannah St
Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to present for sale a unique value-add opportunity located at 207 North Savannah Street. The 17-unit building is comprised of three studio units, two one-bedroom/one-bath units, and twelve two-bedroom/one-bath units. This property is located in the Boyle Heights neighborhood, which is minutes east of Downtown Los Angeles and The Arts District. This property sits on North Savannah Street, between Cesar Chavez Avenue and 1st Street, just west of Evergreen Avenue. Tenants of the building benefit from immediate access to the 10-freeway, and less than a 14-minute bike ride to the Art's District of Downtown Los Angeles. Additionally, the Gold Line Station at Soto Street is only a 10-minute walk and gives access to employment hubs throughout Los Angeles MSA. The Sixth Street Viaduct opened to the public in July 2022 and adds another thoroughfare into the Arts District. The $588 million-dollar project crosses over a new public park. The much-discussed effort to restore the Los Angeles River continues to drive new development in the surrounding neighborhoods as eight firms compete to restore the section of the river that runs between Downtown Los Angeles and Boyle Heights. This property offers an investor the rare opportunity to acquire a mid-century constructed asset at an extremely favorable basis of $135,294 per Unit for mostly two-bedroom units, with on-site parking.
Highlights
(Active Under Contract)
Summary
- MLS Number: 24445363
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Sean Rosenzweig
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: 1/20/2025, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,300,000
207 N Savannah St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 21, 2020 | Home Sold | $2,725,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2021 | $2,753,911 | $34,137 |
2020 | $936,649 | $12,553 |
2019 | $918,284 | $12,336 |
2018 | $900,280 | $12,051 |
2017 | $882,629 | $12,051 |
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
0.3 mi
•207 S Dacotah St
6
Malabar Street Elementary
Public District KG-6
0.5 mi
•3200 Malabar 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 $25,213. Residents of Los Angeles, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
Frequently asked questions
About 207 N Savannah St
This home is located at 207 N Savannah St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 11,170 square foot home, which was built in 1932, sits on a 0.33 acre lot. Features: 26 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $2,300,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.