$958,000
231 Blackshear Avenue, Los Angeles CA 90022
Multi-Family (Triplex)
Property type
28 days
On market
$422
Price per sqft
4 cars
Garage
1948
Year built
5,188 sqft
Lot size
Open Houses
Overview
231 Blackshear Avenue presents a clean, well-maintained triplex in the heart of East Los Angeles, offering an investor a stabilized asset with multiple paths to meaningful upside. The property features an attractive unit mix of one (1) 3-bedroom / 1-bathroom single-family residence and two (2) 1-bedroom / 1-bathroom units, appealing to a broad tenant base of families and...
Listing provided by: Danny Villela DRE #01793116 626-319-3144, BOT Real Estate, Casey Picard DRE #01921866 626-376-9224, Keller Williams Realty
Listing updated: May 21, 2026 at 12:46am.
Last checked: Jun 13, 2026 at 07:30pm
Source: CRMLS #PF26108445
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $2,783 | $2,783 | $3,250 | Unfurnished |
| 1 | 1 | 1 | — | $1,572 | $1,572 | $1,650 | Unfurnished |
| 1 | 1 | 1 | — | $1,516 | $1,516 | $1,650 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
4.64%
NOI / List Price
Gross Scheduled Income: $70,452
Vacancy Allowance: $1,409
Operating Expense: $24,622
Net Operating Income: $44,421
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $2,839
Trash: $0
Water / Sewer: $5,082
Other Expense: $13,401
Interior
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5249015014
Additional Parcels: No
Tax Lot: 86
Zoning: LCR4YY
Community
Senior Community: No
Community Features: Curbs, Suburban