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Listed by Patricia Fusilier • Coldwell Banker Envision
$ 640,000
Est. payment | /mo
3 Beds
1 Bath
1,033 SqFt
$ 640,000
Est. payment | /mo
3 Beds
1 Bath
1,033 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,033 sqft
Price per Sqft $619
MLS Listing ID RS-26081734
Bedrooms 3
Full Baths 1
Year Built 1885
Lot Size 5,752 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Unlock the potential of this promising investment opportunity in the heart of Boyle Heights. 2618 Gleason Ave offers a rare chance to secure property in one of Los Angeles' most rapidly evolving neighborhoods, just minutes from Downtown LA, USC Medical Center, Arts District, and major transit corridors.
Sitting on a generous lot, this property provides excellent upside for investors seeking value-add potential. Whether you're looking to renovate, expand, or reimagine the space entirely, the location and strong foundation are perfect for long-term growth. The surrounding area continues to benefit from ongoing revitalization, increasing demand for quality housing and rental units. This property has a new water heater, new microwave, new fresh inside painting and new bedroom flooring, that is currently being worked on.
With convenient access to freeways, public transportation, schools, and local amenities, this address appeals to both renters and future homeowners. Opportunities at this price point in such a central location are becoming increasingly rare, making this a smart acquisition for investors focused on appreciation and cash-flow potential.
Ideal for: buy-and-hold investors, developers, flippers, or anyone looking to capitalize on LA's strong rental market and neighborhood growth.
New floors and painting in rooms will be done, as well as new water heater has been installed.
Sitting on a generous lot, this property provides excellent upside for investors seeking value-add potential. Whether you're looking to renovate, expand, or reimagine the space entirely, the location and strong foundation are perfect for long-term growth. The surrounding area continues to benefit from ongoing revitalization, increasing demand for quality housing and rental units. This property has a new water heater, new microwave, new fresh inside painting and new bedroom flooring, that is currently being worked on.
With convenient access to freeways, public transportation, schools, and local amenities, this address appeals to both renters and future homeowners. Opportunities at this price point in such a central location are becoming increasingly rare, making this a smart acquisition for investors focused on appreciation and cash-flow potential.
Ideal for: buy-and-hold investors, developers, flippers, or anyone looking to capitalize on LA's strong rental market and neighborhood growth.
New floors and painting in rooms will be done, as well as new water heater has been installed.
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Laundry In Kitchen, Inside, Washer Hookup
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Front Yard, Back Yard
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114