$700,000
Active Under Contract
53 Days Online
8 Beds4 Baths2,656 SQFT
Active Under Contract

142 S Savannah Street Los Angeles, CA 90033

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OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2, 656 SF and is situated on a 5, 199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It's just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site52 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24424929
  • Home Size Source N/A
  • Year Built1959
  • Lot Size0.1194 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Parking SpaceSide by SidePrivateDrivewayUncovered
  • Parking Spaces 4
  • Number of Stories 22
  • Acreage 0.1194
  • Zoning LAR2
  • Listing Conditions Probate Listing

Interior Features

  • Heating Wall Furnace
  • Appliances Oven
  • Flooring Tile

Exterior Features

  • Lot Front Yard

Community Features

  • Senior Community No
  • MLS Area BOYH - Boyle Heights

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Monthly Payment (Est.)

$3,474
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