2338 sheridan Street
Los Angeles, CA, 90033 $ 1,500,000
Baths2.0 Sq 1,992 Monthly Estimate*
$ 9,471
Listed by Century 21 Masters
Studio for $1,500,000 with 2 full baths. This 1,992 square foot home was built in 1959 on a lot size of 0.178.
Welcome to a rare opportunity to own a duplex in the heart of vibrant Boyle Heights. Situated on an expansive approximately 7,700-square-foot lot, this income-producing property offers nearly 2,000 square feet of living space with a combined total of 5 bedrooms and 2 bathrooms, making it ideal for investors, developers, owner-occupants, or multi-generational living.One of the property's most exciting features is its exceptional redevelopment potential. According to preliminary development information, the site may offer the opportunity to build 18 or more residential units (buyer to independently verify with the City of Los Angeles, zoning regulations, and all applicable development incentives). Whether you're looking to capitalize on existing rental income while planning a future project or move forward with redevelopment, this property presents a compelling opportunity in a high-demand location.Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and popular local dining, this property combines prime accessibility with significant upside potential.Whether you're an investor seeking cash flow, a developer looking for your next project, or a buyer searching for a property with long-term appreciation potential, this property delivers a unique combination of location, income, and development possibilities. Opportunities like this are increasingly rare--don't miss your chance to unlock the full potential of this exceptional property.
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FeaturesGeneralHeating Wall Furnace
Cooling None
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1959
View None
Gross Income 44160
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 1200
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Exit Soto st right on Soto right on Sheridan
City Los Angeles
Senior Community Y/N false
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 7752
Listing Terms Cash Cash to New Loan Conventional FHA
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 5
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InteriorFireplace Features None
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Baths 0
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ExteriorFencing Wrought Iron
Parking Features Converted Garage
Lot Features Sprinklers None
Total Parking 2
Lot Size Area 7752
Number of Buildings 2
Spa false
Building Area Total 1992
Lot Size Acres 0.178
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList Byhomesbyluis@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,471
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,835,600
Percent of Sale Price 22%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/4/2026 | $1,500,000 | | Listed Price |