$9,797 Closing Credit¹
#DW25015152, Miguel Belmonte, Listing Office: Century 21 Allstars
#SW25023952·
Listing Office: Merl Real Estate Corp·
Listing Agent: Eric Newman·
Listing Office Phone: 949-491-5911
$9,595
closing credit¹
507 S Grande Vista Ave Los Angeles, CA 90063
$808,000 List price
$9,595
Closing credit¹
5 beds
3 full
2,278 sqft
0.1 acres
$355 / sqft
Multi-Family
Property details
About 507 S Grande Vista Ave
**GREAT OPPORTUNITY FOR INVESTORS OR HOME BUYERS!** This property is zoned for a triplex lot, making it an excellent investment opportunity in Boyle Heights! It is not subject to Los Angeles City's rent control regulations, as it is in Los Angeles County. This investment opportunity could involve remodeling the existing house(s) or upgrading the two to create three residential units. The area offers highly desirable cap rate returns, lower vacancy rates, steady income, and long-term stability. The property is conveniently located in the West City Terrace/North Boyle Heights area, below the I-10 freeway in a vibrant neighborhood. With zoning for three units, this lot presents a fantastic chance for redevelopment. Please note that the interested buyer does "NOT subject seller to ANY CLOSING CONDITION(s)." Don’t miss out on this opportunity! Additionally, under no circumstances should you disturb the property.
Highlights
Home typeTriplex
StatusActive
CoolingOther
Size2,278 sqft
Lot size0.1457 Acres
Year built1914
MLS #SW25023952
FireplaceSee Remarks
Summary
- MLS Number: SW25023952
- MLS Name: CRMLS
- Office Name: Merl Real Estate Corp
- Office Phone: (949) 491-5911
- Listing Agent: Eric Newman
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: 2/6/2025, 11:20:56 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
$808,000
507 S Grande Vista Ave
$9,595
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $46,802 | $1,009 |
| 2023 | $45,885 | $998 |
| 2022 | $44,986 | $965 |
| 2021 | $44,105 | $942 |
| 2020 | $43,654 | $922 |
| 2019 | $42,799 | $825 |
| 2018 | $41,960 | $810 |
| 2017 | $41,138 | $810 |
History based on county public records data.
Nearby schools
6
Kipp Promesa Preparatory
Public Charter KG-4
0.3 mi
•207 S Dacotah St
4
Euclid Avenue Elementary School
Public District KG-5
0.3 mi
•806 Euclid Ave
6
1st Street Elementary
Public District PK-6
0.5 mi
•2820 E 1st 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 $36,091. The majority of Los Angeles, CA residents have income less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
30%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
19%
Single, with Kids
17%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Popeyes
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$9,263 Closing Credit¹
#DW24237978, Jose Palencia, Listing Office: Popular Funding & Real Estate
This home is located at 507 S Grande Vista Ave in Los Angeles, CA and zip code 90063 in the Boyle Heights neighborhood. This 2,278 square foot home, which was built in 1914, sits on a 0.15 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 2, 2025 and is currently priced at $808,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.