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(323) 864-4211
Linda Roth Burrell
131 S Boyle Ave, Los Angeles, CA 90033
- $1,400,000
- 3
- BD
- 9
- BA
- 4,709
- SqFt
- Sold Price
- $1,400,000
- List Price
- $1,495,000
- Closing Date
- Jan 30, 2026
- MLS#
- 25599703
- Year Built
- 1887
- Bedrooms
- 3
- Bathrooms
- 9
- Living Sq. Ft
- 4,709
- Lot Size
- 10,170
- Lot Location
- City
- Days on Market
- 50
- Property Type
- Multifamily
- Style
- Victorian
- Stories
- 2
Property Description
131 S Boyle Avenue is a 15-unit multifamily property in the heart of Boyle Heights, just east of Downtown Los Angeles. Built in 1887 and designated a Los Angeles Historic-Cultural Monument, the former Simon Gless Farmhouse showcases over 125 years of architectural charm on a 10,170 SF LAR4-zoned lot. The property features (12) studios and (3) one-bedroom units across 4,709 SF, with master-metered utilities. Residents benefit from a highly walkable location near the Arts District, Little Tokyo, White Memorial Hospital, and Mariachi Plaza Metro Station (E Line), with direct freeway access for seamless connectivity across Los Angeles. Offering a true 9.55% cap rate and 6.65 GRM on current income, the asset provides stable cash flow with meaningful upside through rent optimization. The large lot also allows for future redevelopment or ADU potential (buyer to verify, subject to historic review).
Additional Information
- Lot Description
- Fenced, Fenced Yard
- Other Buildings
- None
- Heat
- Other
- Cooling
- Other
- View
- City
- Number of Cars in Garage
- Driveway
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Courtesy of Tony Azzi, Tony Azzi - CA DRE#00910513 Selling Office: .
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