547 N St Louis Street, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
547 N St Louis Street,Los Angeles, CA 90033
$979,000
- 5 Beds
- - Baths
- 2,194 sq. ft.
- Multi-family
- Active
Listed by: gina isaac
Office: nourmand & associates-hw
MLS#:CL26715481
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$979,000
- Price per sq. ft.:$446.22
About this home
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....
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Home facts
- Year built:1965
- Listing ID #:CL26715481
- Added:102 day(s) ago
- Updated:July 25, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:5
- Living area:2,194 sq. ft.
Structure and exterior
- Year built:1965
- Building area:2,194 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$979,000
- Price per sq. ft.:$446.22
Parking
- Parking description:Street Parking
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at July 25, 2026New listings near 547 N St Louis Street
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