$958,000
231 Blackshear Avenue, Los Angeles CA 90022
Multi-Family (Triplex)
Property type
18 days
On market
$422
Price per sqft
4 cars
Garage
1948
Year built
5,188 sqft
Lot size
Open Houses
Overview
231 Blackshear Avenue presents a clean, well-maintained triplex in the heart of East Los Angeles, offering an investor a stabilized asset with multiple paths to meaningful upside. The property features an attractive unit mix of one (1) 3-bedroom / 1-bathroom single-family residence and two (2) 1-bedroom / 1-bathroom units, appealing to a broad tenant base of families and...
Listing provided by: Danny Villela DRE #01793116 626-319-3144, BOT Real Estate, Casey Picard DRE #01921866 626-376-9224, Keller Williams Realty
Listing updated: May 21, 2026 at 12:46am.
Last checked: Jun 5, 2026 at 09:30am
Source: CRMLS #PF26108445
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $2,783 | $2,783 | $3,250 | Unfurnished |
| 1 | 1 | 1 | — | $1,572 | $1,572 | $1,650 | Unfurnished |
| 1 | 1 | 1 | — | $1,516 | $1,516 | $1,650 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
4.64%
NOI / List Price
Gross Scheduled Income: $70,452
Vacancy Allowance: $1,409
Operating Expense: $24,622
Net Operating Income: $44,421
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $2,839
Trash: $0
Water / Sewer: $5,082
Other Expense: $13,401
Interior
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5249015014
Additional Parcels: No
Tax Lot: 86
Zoning: LCR4YY
Community
Senior Community: No
Community Features: Curbs, Suburban
Nearby Schools
Nearby schools around the 231 Blackshear Avenue, Los Angeles, CA 90022. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$766,400
Total Interest
$977,501
Total Payment
$1,743,901
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,992
per month
Property History for 231 Blackshear Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90022.
Similar Homes
Listings with similar prices to 231 Blackshear Avenue