$ 640,000
-
$640,000
Price -
3
Bed -
1
Bath -
1,033
SqFt
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About the Listing RMU5 - RFUSIPAT
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.
Listing Highlights
Status
Active With Contingency
Days on Site
47
Property Type
Residential
MLS ®
RS26081734
Year Built
1885
Total Square Footage
1,033
Lot/Acreage
0.13
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5180011013
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2618 Gleason Los Angeles, CA 90033
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