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Fourplex with Expansion Plans
For Sale
$949,000

731 S Boyle Ave, Los Angeles, CA 90023

The existing property combines two one-bedroom apartments and two two-bedroom apartments with plans for five more units.

Property Size3,200 SF
Price / SF$296.56
Days on Market303

Property Features for 731 S Boyle Ave

General Information

Standard status Active
Size 3,200 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Boyle Heights
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4
Individually Metered Utilities gas, electricity

Building Details

Building Size 3,200 SF
Year Built 1916
Buildings 1
Listing Agency: Compass
Listed By: The Carrabba Group
Source: Carrabbagroup
Added: Dec 29, 2025 Changed: Oct 26 Last Checked: Oct 26 at 1:34PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

The 1916 fourplex contains 3,200 square feet across four apartments: two with one bedroom and two with two bedrooms. Each apartment has a separate gas and electric meter; the existing building shares one water meter. The property occupies a lot of more than 8,800 square feet.

Previously approved plans call for a second building with five one-bedroom apartments, including one designated as a low-income qualifying unit. The site is near the 6th Street Bridge, the Downtown Arts District, Hollenbeck Park, public transit, and freeways.

Key Highlights

  • Four existing apartments: two one‑bedroom and two two‑bedroom units
  • 3,200 square feet of interior space in the existing building
  • Lot exceeds 8,800 square feet

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,513
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Quadplex - The existing property combines two one-bedroom apartments and two two-bedroom apartments with plans for five more units.
Where is this quadplex located?
The property is located at 731 S Boyle Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Four existing apartments: two one‑bedroom and two two‑bedroom units; 3,200 square feet of interior space in the existing building; Lot exceeds 8,800 square feet
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