231 Blackshear Avenue

Los Angeles, CA 90022

PRICE INCREASE

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+$48,000 (+4.17%)

$1,198,000

List Price

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1948

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Property Description

Tucked away on a peaceful corner in East Los Angeles, right where the city meets Montebello, sits an opportunity waiting to be seized. This three-unit property doesn't just offer a prime location—it opens the door to something bigger. Step outside, and you'll find yourself minutes from everything that matters. The Metro stop beckons to commuters, while nearby shops and schools make daily life a breeze. Dual street addresses and easy freeway access add layers of convenience that modern city dwellers crave. But here's where it gets interesting: that empty four-car garage isn't just storage space—it's your next investment. The City of Los Angeles has already approved plans for a fourth unit, an ADU spanning 950 square feet. Picture this: two bedrooms, two bathrooms, and a dedicated laundry area, all ready to transform from blueprint to reality. Smart investors take note—this isn't just a building, it's a foundation for growth.

Listing Information

List Price $1,198,000
Status Active
MLS PF25002201
Type Residential Income
Subtype Triplex
Year Built 1948
Lot Size 5,188
Structure Size N/A
DOM 1
Courtesy Of BOT Real Estate
Listing Agent Danny Villela DRE#01793116
Co-Listing Agent Dina Corchado DRE#01981998

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Danny Villela, Dina Corchado, BOT Real Estate 626 319 3144. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 5th, 2025 at 2:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.