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Duplex With Redevelopment Potential

2338 sheridan ST, Los Angeles, CA 90033

For Sale
$1,299,900

Two-unit residential property with existing rental income and preliminary information indicating possible future expansion.

Property Size1,992 SF
Lot Size0.18 Acres
Price / SF$649.95
Days on Market123

Property Features for 2338 sheridan ST

General Information

Standard status Active
Size 1,992 SF
Lot size 0.18 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Boyle Heights
Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Building Size 1,992 SF
Year Built 1959
Listing Agency: Century 21 Masters
Listed By: Luis Perales · License #01720854
Source: Milsteinestates
Added: Jul 9 Changed: Oct 31 Last Checked: Nov 6 at 4:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters

Rey
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Investment Insights

Based on property information with market context.

This 1959-built duplex includes nearly 2,000 square feet of living space across two residential units, with five bedrooms and two bathrooms in total. The property sits on an approximately 7,700-square-foot lot and currently provides an existing income-producing configuration suitable for continued rental use or owner occupancy.

Preliminary development information indicates the site may accommodate 18 or more residential units, subject to independent verification with the City of Los Angeles, applicable zoning regulations, and available development incentives. The property is located at 2338 Sheridan St in Los Angeles, near Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and local dining. Walk Score is 90, Transit Score is 68, and Bike Score is 62.

Key Highlights

  • Duplex built in 1959 with nearly 2,000 square feet of living space
  • Approximately 7,700‑square‑foot lot
  • Combined unit layout includes 5 bedrooms and 2 bathrooms

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,336
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with existing rental income and preliminary information indicating possible future expansion.
Where is this duplex located?
The property is located at 2338 sheridan ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Duplex built in 1959 with nearly 2,000 square feet of living space; Approximately 7,700‑square‑foot lot; Combined unit layout includes 5 bedrooms and 2 bathrooms
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