Courtesy of: Danny Navarro, Century 21 Allstars, dannynteam@gmail.com
Courtesy of: Danny Navarro, Century 21 Allstars, dannynteam@gmail.com
$1,299,999
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9 bed
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9.00 Bath (9 Full)
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Lot: 10,217.00 Square Feet
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Apartment
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$1,299,999
2429 E 3rd Excellent opportunity to own a 5-unit income property in the heart of Boyle Heights, one of Los Angeles’ fastest-growing and centrally located neighborhoods. 2429 E 3rd St offers a strong unit mix with stable in-place rents and long-term upside in a high-demand rental market just minutes from Downtown LA. Unit Breakdown (5 Units Total): (1) 4 Bed / 4 Bath – $2, 392.69/month (1) 1 Bed / 1 Bath – $1, 044.22/month (1) Studio / 1 Bath – $1, 076.19/month (1) Studio / 1 Bath – $870.83/month (1) Studio / 1 Bath – $1, 467.75/month Current Total Monthly Rent: approx. $6, 851.68 (Strong rental base with potential future upside) The property features a desirable mix of unit sizes appealing to a wide range of tenants, from families to individual renters. With continued demand for centrally located housing near Downtown LA, this asset provides both stable cash flow and long-term appreciation potential. Boyle Heights & Area Growth: Boyle Heights continues to see major public and private investment, making it one of the most watched submarkets in Los Angeles. The property is ideally located near: Downtown Los Angeles (minutes away) Metro Gold Line stations providing easy transit access USC Medical Center and major employment hubs Ongoing mixed-use and housing developments throughout the area Popular local restaurants, cafes, and retail corridors along Cesar Chavez & 1st Street Strong rental demand driven by its central location and improving infrastructure With Los Angeles focusing on transit-oriented development and higher-density housing, Boyle Heights remains a key growth corridor for investors seeking long-term upside and consistent occupancy. Investment Highlights: 5 Total Units Strong in-place rental income High-demand Boyle Heights location Minutes to Downtown LA & major freeways Transit-oriented neighborhood Long-term appreciation potential A solid multifamily investment in a rapidly evolving Los Angeles neighborhood with continued growth, development, and strong rental demand.
Courtesy of: Danny Navarro, Century 21 Allstars, dannynteam@gmail.com
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