142 S Savannah ST, Los Angeles, CA 90033

$1,300,000

Est. payment /mo

$1,165,000

11.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

142 S Savannah ST Los Angeles, CA 90033

5,201 Sqft Lot

SOLD DATE : 09/03/2025

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD25113932

Sold Date 09/03/25

HOA Y/N No

Year Built 1959

Lot Size 5,201 Sqft

Property Sub-Type Quadruplex

Property Description

THREE UNITS DELIVERED VACANT in this fully remodeled fourplex, offering an incredible investment opportunity in vibrant Boyle Heights. Nearly everything has been updated—including electrical, plumbing, roof, sewer line, windows, water heaters, and A/C units. Each unit features modern finishes, stainless steel appliances, and in-unit stackable washer/dryers (three of the four units include laundry). The interiors have been thoughtfully upgraded with new granite countertops, cabinetry, tiled bathrooms, walk-in showers, and wall-mounted A/C units in each bedroom and living room for year-round comfort. The property is fully gated and offers a newly designed common area and a private rear parking lot that can accommodate approximately 6–8 vehicles. Best of all, each unit is separately sub-metered for water, gas, and electricity, ensuring no utility costs for the landlord. A feasibility study has also been conducted, and it may be possible to add up to four additional units—buyer to verify all development potential with city agencies. This is the perfect opportunity to live in one unit and rent the others, or maximize income by leasing all four units at top market value. One unit is currently tenant-occupied at $1,065/month, while the remaining three units will be delivered vacant and move-in ready with current market rents of up to $2,700/month per unit. Located just minutes from Downtown LA, Cal State LA, USC Health Sciences Campus, Keck Medicine, and East LA College, this property offers strong rental demand and long-term growth potential.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR2

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Inside, In Kitchen

Exterior

Parking Features Driveway, Private, One Space, Side By Side

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5180021012

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Other

Special Listing Condition Standard

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Andrea Megerdichian

Andrea Megerdichian

+1(818) 212-7600

Our team is ready to help you sell your home for the highest possible price ASAP

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Listed by Andrea Megerdichian Luxury Collective 818-212-7600, DRE #01975185
Bought with Reyna Aldaz Luxury Collective
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