Property Description
Historic Triplex in the Heart of Boyle Heights -- Value-Add Investment Opportunity! Located just steps 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. Two of the three units will be delivered vacant, providing immediate potential for renovation and increased rental income. 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.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,488
TurboHome Estimated Value
$724,100
$263 sqft
High Valuation
$760,305
$276/sqft
Normal Valuation
$724,100
$263/sqft
Low Valuation
$687,895
$250/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $263/sqft | $724,100 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Boyle Heights
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Comparative Value
$749K
$899K
$900K
500 N St Louis St, Los Angeles, CA 90033
List Price: $749,000
Subject Property
3317 E 8th St, Los Angeles, CA 90023
Sale Price: $899,000
Selected Comparable
1132 N Evergreen Ave, Los Angeles, CA 90033
Sale Price: $900,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT500 N St Louis St, Los Angeles, CA 90033
List: $749,000
Listed: 7/31/2025
Area:2,753 sqft
Price/sqft:$272
Beds:6
Baths:3
Year Built:—
Lot Size:3,392
Comparable Properties
COMPARABLEChoose comps
3317 E 8th St, Los Angeles, CA 90023
Sale: $899,000
7/23/2025 • 1.83 mi
Area:2,186 sqft
Price/sqft:$411
Beds:5
Baths:3
Year Built:—
Weight:52.4%
1132 N Evergreen Ave, Los Angeles, CA 90033
Sale: $900,000
12/12/2024 • 0.96 mi
Area:2,166 sqft
Price/sqft:$416
Beds:5
Baths:3
Year Built:—
Weight:47.6%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
500 N St Louis St, Los Angeles, CA 90033 | $749,000 | 2,753 | $272 | 3,392 | — | 7/31/2025 | 6 | 3 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3317 E 8th St, Los Angeles, CA 90023 | $899,000 | 2,186 | $411 | 5,642 | 1.83 mi | 7/23/2025 | 5 | 3 | — | 52.4% | |
1132 N Evergreen Ave, Los Angeles, CA 90033 | $900,000 | 2,166 | $416 | 5,841 | 0.96 mi | 12/12/2024 | 5 | 3 | — | 47.6% |
Nearby Listings
15 similar properties within 5 miles

List Price: $849,000
127 S Evergreen Ave, Los Angeles, CA 90033
6 bd 3 ba 2,436 sqft
TurboHome Est. Value:
$767,900

List Price: $885,000
2675 Pomeroy Ave, Los Angeles, CA 90033
6 bd 4 ba 2,977 sqft
TurboHome Est. Value:
$992,100

List Price: $695,000
3225 Winter St, Los Angeles, CA 90063
5 bd 2 ba 1,638 sqft
TurboHome Est. Value:
$701,800
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