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$ 640,000
Est. payment /mo
New
2618 Gleason Los Angeles, CA 90033
3 Beds
1 Bath
1,033 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,033 sqft
Price per Sqft $619
MLS Listing ID RS26081734
Bedrooms 3
Full Baths 1
Year Built 1885
Lot Size 5,752 Sqft
Property Sub-Type Detached
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 youre 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 LAs 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
Direction Cross Streets: S. Motts St. & S. Mathews St.
Interior
Fireplace No
Laundry Washer Hookup
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 5180011013
Acceptable Financing Cash, Conventional, FHA, VA, Cash To Existing Loan
Listing Terms Cash, Conventional, FHA, VA, Cash To Existing Loan
Special Listing Condition Standard
Listed by Patricia Fusilier, DRE#01353834 Coldwell Banker Envision
NEARBY SCHOOL & BUSINESS