$10,000

closing credit¹

231 Blackshear Ave Los Angeles, CA 90022

$1,198,000
0.1 acres
Multi-Family

Property details

About 231 Blackshear Ave

Tucked away on a peaceful corner in East Los Angeles, right where the city meets Montebello, sits an opportunity waiting to be seized. This three-unit property doesn't just offer a prime location—it opens the door to something bigger. Step outside, and you'll find yourself minutes from everything that matters. The Metro stop beckons to commuters, while nearby shops and schools make daily life a breeze. Dual street addresses and easy freeway access add layers of convenience that modern city dwellers crave. But here's where it gets interesting: that empty four-car garage isn't just storage space—it's your next investment. The City of Los Angeles has already approved plans for a fourth unit, an ADU spanning 950 square feet. Picture this: two bedrooms, two bathrooms, and a dedicated laundry area, all ready to transform from blueprint to reality. Smart investors take note—this isn't just a building, it's a foundation for growth.

Highlights

Home typeTriplex
StatusActive
Lot size0.1191 Acres
Year built1948
MLS #PF25002201
Garage4 spaces

Summary

  • MLS Number: PF25002201
  • MLS Name: CRMLS
  • Office Name: BOT Real Estate
  • Office Phone: (562) 652-8913
  • Listing Agent: Danny Villela

IDX 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: 1/31/2025, 6:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$1,198,000

231 Blackshear Ave

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 25, 2022
Home Sold
$900,000
May 05, 1999
Home Sold
$233,000

Tax history

YearAssessmentProperty Tax
2024$918,000$12,803
2023$900,000$12,219
2022$343,748$5,462
2021$337,009$5,395
2020$333,554$5,250
2019$327,015$5,158
2018$320,604$5,067
2017$314,318$5,067

History based on county public records data.

Nearby schools

6

Bella Vista Elementary

Public District KG-5

0.5 mi

2410 Findlay Ave

4

4th Street Elementary

Public District 2-5

0.5 mi

420 Amalia Ave

3

Arts in Action Community Charter

Public Charter KG-5

0.6 mi

5115 Via Corona St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,545. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

34%
<35k
59%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
20%
Single, with Kids
20%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 231 Blackshear Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $1,198,000.

In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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