Jung-Anna Kim, Listing Office: Masters Realty & Investment
$8,301
closing credit¹
2857 Cincinnati St Los Angeles, CA 90033
Property details
About 2857 Cincinnati St
Prime Investment Opportunity in Boyle Heights. Just in Time for the Holidays! Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours for the holidays!
Highlights
Summary
- MLS Number: 24462767
- MLS Name: CRMLS
- Office Name: Trevino Properties Inc.
- Office Phone: (323) 302-8400
- Listing Agent: Alexander Trevino
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.
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Last updated on: 1/20/2025, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
2857 Cincinnati St
$8,301
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 12, 2017 | Home Sold | $645,000 |
Mar 07, 2017 | Home Sold | $585,000 |
Jun 08, 2010 | Home Sold | $28,345 |
Feb 04, 2005 | Home Sold | $375,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2021 | $678,008 | $8,538 |
2020 | $671,057 | $8,291 |
2019 | $657,900 | $8,165 |
2018 | $645,000 | $7,541 |
2017 | $594,660 | $7,541 |
History based on county public records data.
Nearby schools
6
Malabar Street Elementary
Public District KG-6
0.3 mi
•3200 Malabar St
6
1st Street Elementary
Public District PK-6
0.4 mi
•2820 E 1st St
6
Kipp Promesa Preparatory
Public Charter KG-4
0.5 mi
•207 S Dacotah 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 $29,783. Residents of Los Angeles, CA typically earn less than $<35k each year. Most families are single, with kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2857 Cincinnati St
This home is located at 2857 Cincinnati St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 3,884 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $699,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.