Boyle Heights Homes under $1.5 million

Boyle Heights Homes under $1.5 million

Welcome to Boyle Heights, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural heritage and diverse community, Boyle Heights is an area that beautifully blends tradition with modern living. With a history steeped in the arts and activism, this dynamic neighborhood is a true reflection of Los Angeles' spirit.

One of the most appealing aspects of Boyle Heights is its accessibility to the greater Los Angeles area. With convenient public transportation options and major freeways nearby, residents enjoy easy commutes to downtown LA, nearby cultural hubs, and the bustling entertainment districts of the city. The neighborhood is also home to beautiful parks, community centers, and an array of local eateries that showcase the flavors of its multicultural community.

For those looking to invest in a home, Boyle Heights offers an enticing selection of properties under $1.5 million. Whether you're seeking a charming bungalow, a modern townhouse, or a spacious family home, the real estate market here caters to various tastes and budgets. Many homes feature unique architectural styles and are often adorned with beautiful gardens and outdoor spaces, perfect for family gatherings or quiet evenings under the stars.

Living in Boyle Heights means being part of a community that values art, history, and the vibrant tapestry of life in Los Angeles. With its affordable housing options and a wealth of amenities, Boyle Heights is not just a place to live; it’s a place to thrive. Explore the possibilities of calling this remarkable neighborhood home, where culture and community come together in perfect harmony.

Newest Boyle Heights Homes under $1.5 million

341 N Savannah St, Los Angeles
$650,000
5 Beds ⋅ 4 Baths ⋅ ACTIVE Status
DEVELOPMENT AND VALUE ADD OPPORTUNITY ON AN APPROXIMATELY 9,564 SQUARE FOOT LOT IN BOYLE HEIGHTS. Offered at $650,000, 341 & 343 N. Savannah St. gives investors and developers an opportunity to acquire an existing income producing duplex on a substantial residential parcel recently rezoned under the Boyle Heights Community Plan Update and the City of Los Angeles Chapter 1A Zoning Code. The property is now zoned [VN1-MU3-4][RX2-15][CPIO]. Under the new zoning framework, Density District 15 generally provides a base density of one dwelling unit per 1,500 square feet of lot area, creating the potential for approximately six units on a parcel of this size, subject to applicable development standards, City requirements and buyer verification. The existing property consist of two residential units: 341 N. Savannah is a 2 bed, 2 bath unit and 343 N. Savannah is a 3 bed, 2 bath unit over two separate garages. The property also includes two garages, a gated driveway and substantial on site area providing several possibilities for a buyer evaluating the site's long term use. The new Boyle Heights zoning framework includes development standards intended to facilitate residential infill, including reduced side and rear setbacks in applicable residential form districts. The property's size and existing configuration may provide an opportunity to evaluate additional residential development while retaining some or all of the existing improvements or other redevelopment strategies permitted under current regulations. Buyer to investigate and verify. The property is located within the Boyle Heights Community Plan Implementation Overlay (CPIO), which contains additional development regulations and potential incentive programs. Buyers should independently investigate the property's applicable CPIO provisions and any available density, affordable-housing or other development incentives. Both units are occupied by long term tenants and the property is being sold with the existing tenants in place. The property is subject to the Los Angeles Rent Stabilization Ordinance (LA RSO). The units are habitable with no known violations and provide additional long term value add potential through renovation if and when a unit becomes vacant. Owner currently pays water and sewer and tenants pay their own electricity and gas. 341 & 343 N. Savannah St. offers a combination of existing rental income, a large approximately 9,564 square foot lot, new Chapter 1A zoning and potential for additional residential development in Boyle Heights. Property sold with tenants in place. Drive-by only. Please DO NOT disturb occupants. Buyer to independently investigate and verify zoning, density, allowable floor area, building height, setbacks, CPIO requirements and incentives, ADU potential, tenant protections, development feasibility and all other property information.

341 N Savannah St, Los Angeles

Courtesy of eLAvate,Inc., Josh Hodeda - CA DRE#02091542

3021 Ganahl St, Los Angeles
$849,000
6 Beds ⋅ 2 Baths ⋅ ACTIVE UNDER CONTRACT Status
Built in 1924, this Spanish-style duplex in the hills of Boyle Heights offers two spacious side-by-side 3 bed, 1 bath residences with approximately 2,550 square feet of combined living space on a 4,800-square-foot lot. Blending original character with thoughtful updates, the property presents a versatile opportunity for an owner-user or investor, with one unit currently occupied at $3,076.61/month and the second to be delivered vacant, providing the flexibility to move in or establish a new market rent. Both residences feature similar, well-proportioned layouts with spacious living areas, interior laundry, and remodeled kitchens with granite countertops and stainless-steel appliances. Large windows bring in abundant natural light, while the elevated hillside setting captures neighborhood and Downtown LA views. Both the vacant residence and full exterior have been freshly repainted, complemented by updated landscaping around the property. Significant foundation work has also recently been completed, adding to the property's strong long-term value. At the rear, a private backyard creates valuable outdoor space for dining, entertaining, or relaxing. A detached 2-car garage plus 2 driveway spots offer convenient resident parking, while an additional basement/storage space adds functionality. Separate gas and electric meters for each unit further enhance the property's appeal as an income-producing investment. Ideally located in Boyle Heights with convenient access to Downtown Los Angeles, Cal State LA, the Arts District, major freeways, and public transportation, the property combines two generously sized residences with outdoor space, parking, storage, and city views. With one unit delivered vacant and the other generating immediate rental income, this is a compelling opportunity in a well-connected Eastside location.

3021 Ganahl St, Los Angeles

Courtesy of Keller Williams Realty Los Feliz, Lori Harris - CA DRE#02132297

3330 E 8th St, Los Angeles
$600,000
5 Beds ⋅ 2 Baths ⋅ ACTIVE Status
TRUST SALE | TWO HOMES ON ONE LOT | PRIME BOYLE HEIGHTS LOCATION Rare Two-Home Investment Opportunity with Built-In Income, Valuable Parking, and Long-Term Upside. Featuring a newer front home built in 1965 with 3 bedrooms and 1.5 bathrooms, plus a separate rear residence with 3 bedrooms and 1 bathroom, this tenant-occupied Boyle Heights property offers six total bedrooms, three off-street parking spaces, rear alley access, and immediate income potential. Situated on an approximately 5,087-square-foot lot with approximately 1,812 square feet of combined living area, this trust sale presents a unique opportunity to acquire a multi-residence asset in one of Los Angeles' most established rental markets. The desirable unit mix, on-site parking, and alley access create features highly sought after by both tenants and investors. Conveniently located near Downtown Los Angeles, neighborhood shopping, schools, parks, public transportation, and major transportation corridors, the property is well-positioned for long-term ownership and investment potential. Both homes are tenant occupied and will be sold with tenants in place, offering investors the opportunity to acquire an income-producing asset with established occupancy from day one. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only. Buyers and agents are requested to respect the privacy of all occupants and refrain from contacting or approaching tenants directly.

3330 E 8th St, Los Angeles

Courtesy of Nourmand & Associates-BH, Benjamin Shapiro - CA DRE#01318506

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