Property Description
Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient laundry area adds practicality to everyday living. The back unit offers a unique layout spread across two stories. Featuring two bedrooms and 1.5 baths, this unit provides comfort and privacy. The attached one-car garage with laundry hookups ensures convenience, while a separate yard off the kitchen area offers a tranquil retreat. Practicality meets versatility with a long driveway providing tandem parking, catering to the needs of multiple tenants. Currently occupied by long-term tenants, each paying $870 per month for a combined monthly income of $1,740. This property presents significant upside for value enhancement. Whether through minor updates or strategic renovations, there's ample opportunity to maximize returns and elevate its appeal. Seize the opportunity to diversify your investment portfolio and secure a foothold in this dynamic market. With its prime location, untapped potential, this property is primed to become a cornerstone of your investment strategy. Don't miss out on the chance to own a piece of Boyle Heights real estate!
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
$10,773
TurboHome Estimated Value
$658,600
$361 sqft
High Valuation
$691,530
$379/sqft
Normal Valuation
$658,600
$361/sqft
Low Valuation
$625,670
$343/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $361/sqft | $658,600 |
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
$599K
$650K
3132 Fairmount St, Los Angeles, CA 90063
List Price: $599,000
Subject Property
3132 Fairmount St, Los Angeles, CA 90063
Sale Price: $599,000
Selected Comparable
2829 Guirado St, Los Angeles, CA 90023
Sale Price: $600,000
Selected Comparable
1539 Tremont St, Los Angeles, CA 90033
Sale Price: $650,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT3132 Fairmount St, Los Angeles, CA 90063
List: $599,000
Listed: 5/1/2024
Area:1,824 sqft
Price/sqft:$328
Beds:4
Baths:—
Year Built:—
Lot Size:5,201
Comparable Properties
COMPARABLEChoose comps
3132 Fairmount St, Los Angeles, CA 90063
Sale: $599,000
10/14/2024 • 0.00 mi
Area:1,824 sqft
Price/sqft:$328
Beds:4
Baths:—
Year Built:—
Weight:49.2%
1539 Tremont St, Los Angeles, CA 90033
Sale: $650,000
9/19/2024 • 0.92 mi
Area:1,924 sqft
Price/sqft:$338
Beds:3
Baths:1
Year Built:—
Weight:28.6%
2829 Guirado St, Los Angeles, CA 90023
Sale: $600,000
10/16/2024 • 1.26 mi
Area:1,408 sqft
Price/sqft:$426
Beds:3
Baths:1
Year Built:—
Weight:22.3%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3132 Fairmount St, Los Angeles, CA 90063 | $599,000 | 1,824 | $328 | 5,201 | — | 5/1/2024 | 4 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3132 Fairmount St, Los Angeles, CA 90063 | $599,000 | 1,824 | $328 | 5,201 | 0.00 mi | 10/14/2024 | 4 | — | — | 49.2% | |
1539 Tremont St, Los Angeles, CA 90033 | $650,000 | 1,924 | $338 | 7,499 | 0.92 mi | 9/19/2024 | 3 | 1 | — | 28.6% | |
2829 Guirado St, Los Angeles, CA 90023 | $600,000 | 1,408 | $426 | 5,550 | 1.26 mi | 10/16/2024 | 3 | 1 | — | 22.3% |
Nearby Listings
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3801 Whiteside St, Los Angeles, CA 90063
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TurboHome Est. Value:
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List Price: $699,000
4316 Dozier St, Los Angeles, CA 90022
3 bd 1 ba 1,232 sqft
TurboHome Est. Value:
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List Price: $688,000
4041 Eagle St, Los Angeles, CA 90063
3 bd 1 ba 1,040 sqft
TurboHome Est. Value:
$684,300
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