547 N St Louis St, Los Angeles, CA 90033
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547 N St Louis St, Los Angeles, CA 90033
547 N St Louis St, Los Angeles, CA 90033
547 N St Louis St, Los Angeles, CA 90033
547 N St Louis St, Los Angeles, CA 90033
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547 N St Louis St Los Angeles, CA 90033

6 Beds

4 Baths

2,194 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,194 sqft

Price per Sqft $450

MLS Listing ID 26715481

Style California Bungalow

Bedrooms 6

Year Built 1965

Lot Size 5,555 Sqft

Acres 0.1275

Property Sub-Type Multi-Family

Property Description

Exceptional investment and owner-user opportunity in the heart of Boyle Heights, just moments from Cesar Chavez Avenue. Currently generating $5,607 per month in rental income, this legally permitted triplex offers immediate cash flow, significant recent upgrades, and multiple avenues for future upside. The front residence, a 2-bedroom, 1-bathroom home, will be delivered vacant at close of escrow, creating a rare opportunity for an owner-occupant to live in one unit while generating rental income from the others, or for an investor to lease at current market rates and maximize returns from day one. The two rear units are tenant-occupied on month-to-month agreements and currently generate $2,007 and $1,750 per month in rental income, providing immediate cash flow with future flexibility. In addition, a bonus space attached to the front residence is currently leased for $1,850 per month, including utilities, creating additional income potential. Buyer to independently verify permits, approvals, use, and configuration of the bonus space. The property has benefited from substantial recent capital improvements, including new roofs on all structures (2025), mini-split heating and cooling systems throughout (2025), separately metered electrical service (2026), and a solar panel system (2026), helping reduce operating costs while enhancing tenant appeal. Additional features include covered driveway parking, exterior storage, and private outdoor space ideal for relaxing or entertaining. Owner currently pays water, sewer, and gas, while tenants pay electricity and trash. With the vacant front residence and additional income generated by the bonus space, investors have the potential to increase revenue and improve overall returns, while owner-occupants can take advantage of a unique opportunity to offset housing costs with rental income. Whether you're seeking a house-hack opportunity, a multi-generational living arrangement, or a well-maintained income-producing asset with upside in one of Los Angeles' most established rental markets, this property checks all the boxes. Opportunities to acquire a triplex with a vacant owner's unit, strong in-place income, recent system upgrades, and additional income potential are increasingly hard to find.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Multi/Zone, Air Conditioning

Equipment Solar Panels

Exterior

Parking Features Driveway - Concrete, Driveway Gate, On street

Garage Spaces 2.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 1

Architectural Style California Bungalow

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Nourmand & Associates-HW
Marshall Dismuke

Marshall Dismuke

+1(562) 502-0448

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547 N St Louis St