Multi-Family for sale in Southern California — $1,350,000. 14 beds · 7 baths · 5,986 sqft. Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 s…
$1,350,000
2156 City View Avenue, Los Angeles, CA 90033
Presenting a rare opportunity to acquire a pride-of-ownership fourplex in the heart of Boyle Heights one of Los Angeles' most dynamic and supply-constrained rental markets. Located at 2156 City View Ave, this 5,986 sq ft building sits on a 7,360 sq ft lot and delivers strong, stable income with significant long-term upside.The building offers a compelling unit mix of three spacious, modernized 4-bedroom/2-bathroom units and one 2-bedroom/1-bathroom unit. All units have in-unit laundry, with the 4bd units having updated interiors, wall AC/heat, laminate flooring, double-pane windows, and contemporary finishes attracting quality, long-term tenants. Each unit is separately metered for gas and electricity, minimizing landlord utility exposure. The property also includes a detached 3 space garage and additional 8 parking stalls a coveted amenity in this corridor.With a GRM of 11.49 and a healthy NOI of $80,210, this asset offers investors immediate income and a clear path to long-term value as units turn. Whether you're a seasoned portfolio investor or making your first multifamily acquisition, 2156 City View Ave delivers on every front: modernized asset, strong cash flow, excellent location, and true Los Angeles scarcity value.
Listing updated: June 23, 2026 at 12:20 AM
Listed by: Will Tiao, The Collective Realty
Source: CRMLS, MLS#: 26847373, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/15/2026 Source: CRMLS, #26847373 | Listed for sale | $1,350,000$226/sqft |
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