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473 Savannah, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

473 Savannah, Los Angeles, California 90033 home-pic-0
ACTIVE$1,100,000
473 Savannah, Los Angeles, California 90033
0Bed
0Bath
2,335Sqft
5,842Lot
Year Built
1915
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
DW25248216
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(75th), sqft - 2335(63th), beds - undefined(50th), baths - undefined(50th).

FOUR units in Boyle Heights, Excellent opportunity to own property in highly sought-after THREE separate buildings on one lot. The unit mix includes one spacious TWO-bed/one-bath Single TWO story REAR unit plus THREE - one-bed/one-bath units, Great income well-maintained and updated buildings, in the last years. TWO-car parking, access thru the alley , and separate gas and electric meters for all units. Central location neighborhood near Roosevelt High School, public transit, and local shops. Downtown LA, the Arts District. with easy access to Downtown LA, shopping, dining, and entertainment. It is only five blocks or a walking distance to the Metro Station and offers quick access to Freeways San Bernardino and Pomona.

Price History

Date
Event
Price
11/29/25
Listing
$1,100,000
10/29/21
Sold
$889,000
09/15/17
Sold
$600,000
07/09/12
Sold
$335,000
03/24/11
Sold
$167,000
Condition Rating
Good
Despite being built in 1915, the property description states it has been 'well-maintained and updated in the last years.' The images support this, showing updated kitchens with white cabinets, laminate countertops, and stainless steel appliances, as well as updated bathrooms with modern vanities and tiled showers. Flooring appears to be a mix of well-maintained hardwood/laminate and tile. The electrical meters also suggest recent system updates. While the exterior shows its age, the interiors are clean, functional, and move-in ready, aligning with a 'Good' condition where major systems are functional and recent updates have been made within the last 5-15 years.
Pros & Cons

Pros

Income-Generating Quadruplex: This property features four units (one 2-bed/1-bath, three 1-bed/1-bath) across three separate buildings, explicitly noted for generating 'Great income,' making it an excellent investment opportunity.
Prime Urban Location: Strategically located in Boyle Heights, offering excellent accessibility to public transit (walking distance to Metro Station), major freeways, Downtown LA, the Arts District, Roosevelt High School, and local amenities.
Separate Utilities: All units benefit from separate gas and electric meters, which simplifies tenant billing, reduces landlord overhead, and promotes individual utility responsibility.
Well-Maintained & Updated: The buildings have been 'well-maintained and updated in the last years,' suggesting a reduced need for immediate capital expenditures for a new owner.
Multiple Structures & Parking: Comprising three separate buildings on one lot, this configuration offers potential for enhanced tenant privacy, complemented by convenient two-car parking with alley access.

Cons

Age of Property: Built in 1915, the property is over a century old, which may lead to higher long-term maintenance costs, potential for unforeseen structural issues, or specific historical preservation considerations despite recent updates.
Limited On-Site Parking: With only two-car parking available for four units, this is likely insufficient and could result in tenant inconvenience, reliance on street parking, or potential parking disputes in a dense urban environment.
Unspecified HVAC Systems: The property description does not specify the presence or type of heating and cooling systems (e.g., central air conditioning), which could be a significant concern for tenant comfort and operating costs in Los Angeles' climate.

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