231 Blackshear Avenue, Los Angeles, CA 90022

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
231 Blackshear Avenue,Los Angeles, CA 90022
$958,000
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: danny villela
Office: bot real estate
MLS#:PF26108445
Source:San Diego MLS via CRMLS

Price summary

  • Price:$958,000

About this home

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 individuals alike. Each unit is served by its own water heater, eliminating any gas expense for ownership and simplifying operations. The opportunity here is defined by its upside. The vacant garages offer significant value-add potential through conversion to an ADU with no loss of existing services while the addition of community laundry provides a clear path to incremental income. Existing units carry strong rental upside of approximately 15%, giving a new owner immediate room to grow in-place income. Expense efficiency adds to the appeal: ownership carries no garbage expense, as all trash services are paid...

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Home facts

  • Listing ID #:PF26108445
  • Added:48 day(s) ago
  • Updated:July 06, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3

Finances and disclosures

  • Price:$958,000
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