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500 N St Louis St, Los Angeles, CA 90033

List Price: $749,000On Market FlagOn market
Jul 31, 20252,753 sqft6 beds3 baths
Listed by: Ken Dennis
License #: 02097826
Phone #: 310-279-7592
The Collective Realty
Source:
CRMLS Logo
MLS #: 25559721

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$263/sqft$724,100

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

SUBJECT
500 N St Louis St, Los Angeles, CA 90033

500 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

COMPARABLE
Choose comps
3317 E 8th St, Los Angeles, CA 90023

3317 E 8th St, Los Angeles, CA 90023

Sale: $899,000

7/23/20251.83 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

1132 N Evergreen Ave, Los Angeles, CA 90033

Sale: $900,000

12/12/20240.96 mi

Area:2,166 sqft
Price/sqft:$416
Beds:5
Baths:3
Year Built:
Weight:47.6%

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