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500 N St Louis StreetLos Angeles, CA 90033

For Sale

$699,000

Smart Buyer Rebate $6,990

Historic Triplex in the Heart of Boyle Heights Delivered FULLY VACANT -- Value-Add Investment Opportunity! Located one building from Cesar Chavez Blvd near the corner of N St Louis Street, this character-rich triplex offers a rare opportunity for investors seeking strong upside potential in a vibrant and culturally significant neighborhood of Los Angeles. Designated as a historic property, the building holds unique architectural charm and longstanding community presence, making it a standout in the area. All three units will be delivered vacant, providing immediate potential for renovation and market rental income. Large 5 bedroom / 2 bath unit covers the entire upstairs. Two downstairs units are the 2 bedroom / 1 bath and a renovated 1 bedroom / 1 bath unit. The building is a heavy fixer and will require upgrades, but with the right vision, it can be repositioned as a high-performing asset in one of LA's most in-demand rental markets. Zoned LAC2, the property sits just off Boyle Heights' commercial corridor, surrounded by beloved local spots like La Monarca Bakery, Guisados, and La Parrilla. Tenants will appreciate accessibility with easy access to transit, and proximity to the 5, 10, and 101 freeways as well as downtown Los Angeles. Ideal for investors looking to restore and hold, this triplex blends historic appeal with excellent long-term rental potential. Unlock the value through thoughtful upgrades and bring this property up to market standards in a thriving, high-demand neighborhood.

Listed by Will Tiao

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License #01918965

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The Collective Realty

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323-363-1096

Last updated April 10, 2026

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Source: CRMLS #26667589

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Bedrooms8
  • Days on Prevu39
  • Size2,753 sqft
  • Price per sqft$254

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/10/2026
Price Decreased
$699,000
03/23/2026
Listed by The Collective Realty
$795,000

Property Details for 500 N St Louis Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Property Condition: Fixer
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1902
  • Architectural Style: Craftsman
  • Common Walls: 1 Common Wall

Features

  • Direction Faces: South
  • View: City Lights

Measurements

  • Building Area Total: 2,753
  • Lot Size Acres: 0.07
  • Lot Size Area: 3,392
  • Lot Size Square Feet: 3,392
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 12.8
  • Gross Income: $112,200.00

Taxes

  • Parcel Number: 5175014001

Interior

Measurements

  • Living Area: 2,753
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Open Parking Spaces: 4
  • Parking Features: Driveway
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 500 N St Louis Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 500 N St Louis Street.

How does 500 N St Louis Street compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 43% below the average price for multi-family homes in Boyle Heights and has been on the market for 56 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,753 sqft.

500 N St Louis Street is a 8-bedroom multi-family home for sale in Los Angeles CA 90033. Available on Prevu for 39 days at $699,000. This includes a recent price decrease of $96,000. This property features 2,753 square feet of living space, located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.