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939 S Lorena Street

Los Angeles (City), CA 90023
  • $865,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: V1-36031
UPDATED: 66 min ago
$865,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Listing Agent(s): Daniel Brooks of RE/MAX Gold Coast REALTORS ((805) 339-3500)


Description

Great investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T15:37:13.437. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175832734
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939 S Lorena Street Los Angeles (City), CA 90023

  • Price: $865,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 66 min ago
  • ID#: V1-36031
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1907
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Great investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.
Exterior Features

Architectural Style BungalowCraftsman Construction Materials StuccoWood Siding Entry Level 1 Fencing Chain Link Foundation Details RaisedSlab Lot Features Yard Number Of Separate Electric Meters 3 Parking Features ConcreteDrivewayGatedRV Access/ParkingShared DrivewayOn StreetSide By Side Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Accessibility Features None Appliances Gas Oven Common Walls 1 Common Wall Cooling DuctlessWall/Window Unit(s) Cooling YN Yes Door Features Panel Doors Fireplace Features None Fireplace YN No Heating DuctlessWall Furnace Heating YN Yes Interior Features Beamed CeilingsBuilt-in FeaturesGranite CountersLaminate CountersUnfurnished Window Features Blinds

Property Features

Association Fee 0 Community Features BikingCurbsStreet LightsSidewalks Electric Standard Fuel Expense 0 Garage YN No Gross Income 43500 Gross Scheduled Income 43500 Insurance Expense 3252 Land Lease YN No Laundry Features None Levels TwoMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 840 Net Operating Income 22608 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 20808 Possession Close Of Escrow Property Condition Additions/AlterationsUpdated/Remodeled Rent Control YN Yes Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasWater Trash Expense 960 Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T15:37:13.437. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Daniel Brooks of RE/MAX Gold Coast REALTORS ((805) 339-3500)