Excellent opportunity to own a 5-unit income property in the heart of Boyle Heights, one of Los Angeles' fastest-growing and centrally located neighborhoods. 2429 E 3rd St offers a strong unit mix with stable in-place rents and long-term upside in a high-demand rental market just minutes from Downtown LA.

Unit Breakdown (5 Units Total):

(1) 4 Bed / 2 Bath - $2,392.69/month

(1) 1 Bed / 1 Bath - $1,044.22/month

(1) Studio / 1 Bath - $1,076.19/month

(1) Studio / 1 Bath - $870.83/month

(1) Studio / 1 Bath - Vacant

(1) 3 Bed / 2 Bath - Vacant

Current Total Monthly Rent: approx. $6,851.68
(Strong rental base with potential future upside)

The property features a desirable mix of unit sizes appealing to a wide range of tenants, from families to individual renters. With continued demand for centrally located housing near Downtown LA, this asset provides both stable cash flow and long-term appreciation potential.

Boyle Heights & Area Growth:
Boyle Heights continues to see major public and private investment, making it one of the most watched submarkets in Los Angeles. The property is ideally located near:

Downtown Los Angeles (minutes away)

Metro Gold Line stations providing easy transit access

USC Medical Center and major employment hubs

Ongoing mixed-use and housing developments throughout the area

Popular local restaurants, cafes, and retail corridors along Cesar Chavez & 1st Street

Strong rental demand driven by its central location and improving infrastructure

With Los Angeles focusing on transit-oriented development and higher-density housing, Boyle Heights remains a key growth corridor for investors seeking long-term upside and consistent occupancy.

Investment Highlights:

5 Total Units

Strong in-place rental income

High-demand Boyle Heights location

Minutes to Downtown LA & major freeways

Transit-oriented neighborhood

Long-term appreciation potential

A solid multifamily investment in a rapidly evolving Los Angeles neighborhood with continued growth, development, and strong rental demand.

For Sale