Boyle Heights (BOYH) Homes with Quadruplex Subtype

Boyle Heights (BOYH) Homes with Quadruplex Subtype

Welcome to Boyle Heights, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural heritage and strong community spirit, Boyle Heights is a dynamic area that beautifully blends history with modern living. With its close proximity to downtown Los Angeles, residents enjoy easy access to a myriad of amenities, including eclectic dining options, art galleries, and parks that celebrate the area's unique Latino culture.

One of the standout features of Boyle Heights is its diverse housing market, particularly the availability of homes with a quadruplex subtype. These multi-family homes are perfect for investors or families seeking to maximize their living space. A quadruplex offers four separate units within one property, providing an excellent opportunity for rental income or the chance to live in one unit while renting out the others. This flexibility makes it an appealing option for those looking to establish roots in a community that is both welcoming and full of potential.

Residents of Boyle Heights benefit from a rich tapestry of community events, local markets, and cultural festivals that reflect the neighborhood's heritage. The area is also undergoing exciting developments, making it an increasingly desirable location for homebuyers and investors alike. With its affordable housing options and strategic location, Boyle Heights is not just a place to live; it's a place to thrive. Whether you're looking for a family home or an investment opportunity, the quadruplex properties in this charming community offer a unique blend of comfort and potential. Discover the magic of Boyle Heights today!

Newest Boyle Heights (BOYH) Homes with Quadruplex Subtype

$798,988
PW26099376 MLS Active Under Contract Status
MOVE IN READY, LIVE IN 1, RENT OUT THE OTHERS! 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU. 926 Spence Street is a huge opportunity in Historic East Los Angeles, specifically tailored for investors or houseowners looking to leverage a Trust Sale into a generational wealth-building project. This sprawling 7,500-square-foot lot, zoned for Quadruplex use, is currently used as a 3 compound with a detached oversized garage begging to be converted into an ADU. By acquiring this asset, an investor secures a primary 3-bedroom, 2-bathroom rear residence ($4,000/mo market) in the back, with 2, 1-bedroom units (928 & 930) in front providing immediate, stable cash flow of $2,920/mo from long-term tenants. The "campus-style" layout gives you separation, providing the kind of privacy and outdoor areas increasingly rare in East LA. For property management ease, the units feature separate water heaters, gas meters, and electrical meters, the owner covers trash/water. The oversized garage an immediate footprint for a $2,200/mo ADU conversion, allowing the next owner to stabilize the asset as a four-unit powerhouse with projected annual revenue over $119,000 by Year 3. The "House-Hack" math is staggering: by living in the 3BR unit and applying rental income and the $2,000 monthly tax subsidy (check with your CPA), the net effective mortgage can feel like paying rent. Positioned in a high-velocity development zone near the Arts District and DTLA, this asset offers 100% Bonus Depreciation for a potential Day-1 tax shield. This rare convergence of zoning density, utility efficiency, and massive financial upside is the premier investment in East LA today.

926 Spence, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.