$1,029,000
731 S Boyle Avenue, Los Angeles CA 90023
Multi-Family (4 Units)
Property type
168 days
On market
$322
Price per sqft
N/A
Garage
1916
Year built
8,885 sqft
Lot size
Open Houses
Overview
Here's a fantastic opportunity to purchase an existing cash-producing fourplex with plans for an architecturally significant second building on the 8800+ sq. ft. lot. Prime fourplex including previously approved plans for the construction of five additional units in vibrant Boyle Heights. A stone's throw from the iconic 6th street bridge, DTLA Arts District, Hollenbeck Park,...
Listing provided by: Armen Sarkissian DRE #01242603 626-685-1121, Berkshire Hathaway HomeServices California Properties
Listing updated: Jan 6, 2026 at 08:15am.
Last checked: Jun 13, 2026 at 03:30pm
Source: CRMLS #25631433
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,132 | $1,132 | $1,850 | Unfurnished |
| 1 | 2 | 1 | — | $1,820 | $1,820 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,676 | $1,676 | $1,550 | Unfurnished |
| 1 | 1 | 1 | — | $1,676 | $1,676 | $1,550 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
6.84%
NOI / List Price
Net Operating Income: $70,368
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Direction Faces: East
Security Features: Carbon Monoxide Detectors, Gated Community
Water Source: Public
Sewer: Sewer Tap Paid
View: None
Garage and Parking
Parking: On Street
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5183021019
Zoning: LAR3
Community
HOA: No
Senior Community: No
Community Features: Gated