574 N St Louis Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
ACTIVE$1,099,999
574 N St Louis Street, Los Angeles, California 90033
0Bed
0Bath
5,184Sqft
6,072Lot
Year Built
1927
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$212
HOA
-
Days on market
-
Sold On
-
MLS number
CV25179906
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.10M(75th), sqft - 5184(88th), beds - undefined(50th), baths - undefined(50th).
Welcome to 574 N St Louis St in Los Angeles. This multi-unit property has 4 large units with 5184 square feet of living space. Each unit has 2 bedrooms and 1 bath with about 1296 square feet (Total square footage divided by four - Buyer to verify). It is situated in a prime location of Los Angeles granting easy access to freeways, entertainment, dining and major transportation routes. This is perfect for investors looking to maximize their portfolios, a wise choice in a prime location with appreciation potential.
Price History
Date
Event
Price
11/08/25
Price Change
$1,099,999-8.3%
08/09/25
Listing
$1,200,000
Condition Rating
Poor
Built in 1927, this property is nearly 100 years old with no apparent major renovations. The exterior shows significant signs of age, wear, and deferred maintenance, including cracked stucco, worn steps, an old garage, and deteriorating external stairs. The presence of window AC units indicates outdated cooling systems. The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are in original or very outdated condition, requiring substantial repairs and rehabilitation to meet modern standards. Major systems like electrical, plumbing, and HVAC are likely at or beyond their expected lifespan.
Pros & Cons
Pros
Income-Generating Asset: This quadruplex property features 4 units, providing multiple income streams and making it an ideal investment for portfolio diversification.
Spacious Units: Each of the four units offers approximately 1296 square feet with 2 bedrooms and 1 bath, providing ample living space attractive to tenants.
Prime Los Angeles Location: Situated in a desirable Los Angeles location (Boyle Heights) with excellent access to freeways, entertainment, dining, and major transportation routes, ensuring strong rental demand.
High Appreciation Potential: The property is highlighted as a 'wise choice in a prime location with appreciation potential,' suggesting strong long-term investment growth.
Significant Total Living Space: With a total of 5184 square feet of living space across the four units, the property offers substantial rental capacity.
Cons
Historic Property Age: Built in 1927, the property's age suggests potential for significant deferred maintenance, outdated systems, and higher renovation costs to meet modern standards.
Buyer Verification Required: The listing explicitly states 'Buyer to verify' the individual unit square footage, which may indicate potential inaccuracies or a lack of definitive records, requiring additional due diligence.
Recent Price Reduction: The property has undergone a price reduction from $1.2M to $1.099M, which could suggest initial overpricing or a slower market response, potentially signaling a need for further market adjustments.