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, public transit, freeways, and local cultural monuments. Existing building is currently a mix of two 2-bedroom units and two 1-bedroom units totalling 3200 interior sq. ft. Plans for the new building include five 1-bedroom units, one being earmarked as a low-income qualifying unit. Separate gas & electric meters for each unit with one main water meter for the existing building. Take advantage of this growing market already in demand with continued growth, making this an ideal investment opportunity.
For sale
Price cut: $60K (7/6)
$969,000
731 S Boyle Ave, Los Angeles, CA 90023
6beds
4baths
3,200sqft
:
Get pre-qualified$6,585/mo
Multi Family
Built in 1916
-- sqft lot
$954,700 Zestimate®
$303/sqft
$-- HOA
What's special
- 208 days |
- 92 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Armen Sarkissian DRE # 01242603 626-695-2808,
Berkshire Hathaway HomeServices California Properties 626-440-5100
Source: CLAW,MLS#: 25631433
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 8,886 Square Feet
Details
- Additional structures: Other
- Parcel number: 5183021019
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish Colonial
- Property subtype: Multi Family
Condition
- Year built: 1916
Utilities & green energy
- Sewer: In Street Paid
- Water: District
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security Lights, Gated
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $976,311
- Annual tax amount: $12,368
- Date on market: 12/30/2025
- Exclusions: All tenant belongings.
- Tenant pays: Gas, Electricity
Estimated market value
$954,700
$907,000 - $1.00M
$2,376/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $969,000-5.8%$303/sqft |
Source:  CLAW #25631433 Report a problem | ||
| 12/30/2025 | Listed for sale | $1,029,000+80.8%$322/sqft |
Source: CLAW #25631433 Report a problem | ||
| 3/24/2016 | Sold | $569,000$178/sqft |
Source:  CLAW #16976673 Report a problem | ||
| 2/16/2016 | Pending sale | $569,000$178/sqft |
Source: TDC/ Pacific Properties Inc. #16976673 Report a problem | ||
| 2/15/2016 | Price change | $569,000+4.4%$178/sqft |
Source: TDC/ Pacific Properties Inc. #16976673 Report a problem | ||
| 12/12/2015 | Listed for sale | $545,000+22.5%$170/sqft |
Source: TDC/Pacific Properties Inc. #SB15261251 Report a problem | ||
| 11/3/2015 | Sold | $445,000+22.4%$139/sqft |
Source: Public Record Report a problem | ||
| 10/28/2003 | Sold | $363,500+157.8%$114/sqft |
Source: Public Record Report a problem | ||
| 6/15/2001 | Sold | $141,000-10.7%$44/sqft |
Source: Public Record Report a problem | ||
| 7/2/1997 | Sold | $157,817+5.2%$49/sqft |
Source: Public Record Report a problem | ||
| 5/30/1996 | Sold | $150,000+66.7%$47/sqft |
Source: Public Record Report a problem | ||
| 7/3/1995 | Sold | $90,000-59.2%$28/sqft |
Source: Public Record Report a problem | ||
| 12/9/1993 | Sold | $220,476$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,368 +0.7% | $976,311 +2% |
| 2024 | $12,287 +1.9% | $957,168 +2% |
| 2023 | $12,059 +11% | $938,400 +8.7% |
| 2022 | $10,862 +1.3% | $863,613 +2% |
| 2021 | $10,722 +31.4% | $846,681 +37.5% |
| 2020 | $8,159 | $615,901 +2% |
| 2019 | $8,159 +5.8% | $603,826 +2% |
| 2018 | $7,712 | $591,987 +2% |
| 2017 | $7,712 +2.1% | $580,380 +30.4% |
| 2016 | $7,552 +28.4% | $445,000 +3.5% |
| 2015 | $5,884 +2.3% | $430,015 +2% |
| 2014 | $5,750 | $421,592 +2.5% |
| 2012 | -- | $411,458 +2% |
| 2011 | -- | $403,391 +0.8% |
| 2010 | -- | $400,377 -0.2% |
| 2009 | -- | $401,329 +2% |
| 2008 | -- | $393,461 +2% |
| 2007 | -- | $385,747 +2% |
| 2006 | -- | $378,184 |
| 2005 | -- | $378,184 +4% |
| 2004 | -- | $363,500 +42% |
| 2003 | -- | $256,000 -2% |
| 2002 | -- | $261,120 +5.4% |
| 2000 | -- | $247,672 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Boyle Heights
Nearby schools
GreatSchools rating
- 9/10Soto Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 6/10Hollenbeck Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Theodore Roosevelt Senior HighGrades: 9-12Distance: 0.6 mi
- $--2 bd1 ba750 sqft731 1/2 S Boyle Ave, Los Angeles, CA 90023Off Market
- $--1 bd1 ba-- sqft733 1/2 S Boyle Ave #6328031, Los Angeles, CA 90023Off Market
- $--1 bd1 ba-- sqft733 S Boyle Ave #6328031, Los Angeles, CA 90023Off Market
- $--1 bd1 ba640 sqft733 S Boyle Ave, Los Angeles, CA 90023Off Market
- $709,50418 bd12 ba10k sqft737 S Boyle Ave, Los Angeles, CA 90023Off Market
- $--1 bd1 ba-- sqft745 S Boyle Ave, Los Angeles, CA 90023Off Market
- $10,063-- bd-- ba-- sqft730 S Boyle Ave, Los Angeles, CA 90023Off Market
- $664,2002 bd1 ba1.6k sqft719 S Saint Louis St, Los Angeles, CA 90023Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $975,0006 bd6 ba2.5k sqft702 S Soto St, Los Angeles, CA 90023For Sale
MLS ID #SR26147448, Darrick Morgan, HomeSmart Evergreen Realty. CRMLS - $995,0008 bd4 ba3.2k sqft649 N Cummings St, Los Angeles, CA 90033For Sale
MLS ID #26803945, Alexis Kim DRE # 01377398, Keller Williams Larchmont. CLAW - $865,0005 bd3 ba1.8k sqft939 S Lorena St, Los Angeles, CA 90023For Sale
MLS ID #V1-36031, Daniel Brooks, RE/MAX Gold Coast REALTORS. CRMLS - $989,0007 bd4 ba3.1k sqft9014 S Fir Ave, Los Angeles, CA 90002For Sale
MLS ID #26845469, Alex Rivera DRE # 01328712, Lee & Associates Los Angeles West Inc.. CLAW - $1,098,0005 bd4 ba2.2k sqft1616 Pennsylvania Ave, Los Angeles, CA 90033For SaleMLS ID #26838081, Elijah Shin DRE # 01358906, Dream Realty & Investments Inc. CLAW
- $900,0006 bd4 ba2.6k sqft700 W 77th St, Los Angeles, CA 90044For SaleMLS ID #SB26148504, Nolan Taitano, MyAgent Real Estate Group. CRMLS
- $985,0005 bd3 ba2k sqft2660 Newell St, Los Angeles, CA 90039For SaleMLS ID #26843901, Ron Thomas DRE # 01032593, Keller Williams Hollywood Hills. CLAW
- $1,049,9006 bd2 ba1.9k sqft536 W 42nd St, Los Angeles, CA 90037For SaleMLS ID #26844849, Jeffrey Sklar DRE # 02075404, Beycome Brokerage Realty Inc.. CLAW
- $998,0005 bd3 ba2.2k sqft1474 W Vernon Ave, Los Angeles, CA 90062For SaleMLS ID #26638505, Jennifer Stein DRE # 01786020, Keller Williams Realty Santa Barbara. CLAW
- $790,0005 bd4 ba2.1k sqft515 E 21st St, Los Angeles, CA 90011For SaleMLS ID #26666433, Sean Namigohar DRE # 01949705, Lyon Stahl Investment Real Estate, Inc.. CLAW
- $935,8884 bd2 ba1.7k sqft1224 Avenida Cesar Chavez, Monterey Park, CA 91754For SaleMLS ID #PW26149416, Dara Chay, Sky View Real Estate. CRMLS
- $1,075,0006 bd4 ba3.5k sqft4218 S Harvard Blvd, Los Angeles, CA 90062For SaleMLS ID #SR26023848, Renee Watson, LPT Realty, Inc. CRMLS
- $900,0005 bd4 ba2.1k sqft1715 E 70th St, Los Angeles, CA 90001For SaleMLS ID #DW26127642, Michael Pagan, Coldwell Banker Envision. CRMLS
- $1,195,0005 bd4 ba3.6k sqft1703 S Burlington Ave, Los Angeles, CA 90006For SaleMLS ID #26714031, Stephen F. Watson DRE # 01187813, Keller Williams Los Angeles. CLAW
- $1,150,0006 bd4 ba1.9k sqft1283 W 36th St, Los Angeles, CA 90007For SaleMLS ID #26849769, Davis Saadian DRE # 01921748, Keller Williams Hollywood Hills. CLAW
- $975,0005 bd3 ba2k sqft915 E 76th Pl, Los Angeles, CA 90001For SaleMLS ID #26859631, Luis Enriquez DRE # 01756831, Power Brokers. CLAW
- $1,199,0006 bd4 ba2.6k sqft1163 N Ditman Ave, Los Angeles, CA 90063For SaleMLS ID #IN26145656, Susan Stanley, HOME TEAM REALTY. CRMLS
- $1,200,0006 bd6 ba4.3k sqft817 Centennial St, Los Angeles, CA 90012For SaleMLS ID #26856351, Andrew C Lee DRE # 01046440, Andrew C. Lee. CLAW
- $900,0006 bd6 ba2.9k sqft7319 S Normandie Ave, Los Angeles, CA 90044For SaleMLS ID #SR26034334, Jasmine Bonnell, Pinnacle Estate Properties, Inc.. CRMLS
- $1,091,0004 bd4 ba2.3k sqft1228 S Catalina St, Los Angeles, CA 90006For SaleMLS ID #26810135, Arthur Yoon DRE # 01955545, Redpoint Realty. CLAW
Local buyer's agents are ready to help
