500 N St Louis St, Los Angeles, CA 90033

Property Description

Historic Triplex in the Heart of Boyle Heights Delivered FULLY VACANT -- Value-Add Investment Opportunity! Located one building from Cesar Chavez Blvd near the corner of N St Louis Street, this character-rich triplex offers a rare opportunity for investors seeking strong upside potential in a vibrant and culturally significant neighborhood of Los Angeles. Designated as a historic property, the building holds unique architectural charm and longstanding community presence, making it a standout in the area. All three units will be delivered vacant, providing immediate potential for renovation and market rental income. Large 5 bedroom / 2 bath unit covers the entire upstairs. Two downstairs units are the 2 bedroom / 1 bath and a renovated 1 bedroom / 1 bath unit. The building is a heavy fixer and will require upgrades, but with the right vision, it can be repositioned as a high-performing asset in one of LA's most in-demand rental markets. Zoned LAC2, the property sits just off Boyle Heights' commercial corridor, surrounded by beloved local spots like La Monarca Bakery, Guisados, and La Parrilla. Tenants will appreciate accessibility with easy access to transit, and proximity to the 5, 10, and 101 freeways as well as downtown Los Angeles. Ideal for investors looking to restore and hold, this triplex blends historic appeal with excellent long-term rental potential. Unlock the value through thoughtful upgrades and bring this property up to market standards in a thriving, high-demand neighborhood.