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Millman Team Real Estate

$729,000
0.13 Acre Lot

929 S Lorena Street, Los Angeles, California 90023

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1907 Year Built
Property Description

Major Price Improvement! Incredible 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.

Basic Details
Residential Income
For Sale
V1-36031
$729,000
City Lights
1907
0.13 Acre
Active
1
Duplex
: Shingle
Features
: None
: Wall Furnace, Ductless
: Ductless, Wall/Window Unit(s)
: Chain Link
: None
: Driveway, Gated, Concrete, Side By Side, RV Access/Parking, On Street, Shared Driveway
: Bungalow, Craftsman
: Granite Counters, Built-in Features, Unfurnished, Beamed Ceilings, Laminate Counters
: None
: Public Sewer
: Sewer Connected, Water Connected, Electricity Available, Natural Gas Available
: Blinds
$0
Appliances
: Gas Oven
Address Map
CA
Los Angeles
Los Angeles
Not Applicable
90023
Lorena
939
Street
W119° 47' 52.6''
N34° 1' 36.7''
60 Pomona Freeway, off at Lorena, South between Whittier and E 7th St
BOYH - Boyle Heights
S
Additional Information
$0
$0
$0
$0
$0
: None
1822
: Sidewalks, Street Lights, Curbs, Biking
: Stucco, Wood Siding
Standard
1
: Slab, Raised
: Two, Multi/Split
: Yard
2026-04-27
865000
2
2
: Public
Broker/Agent Information
RE/MAX Gold Coast REALTORS
Daniel Brooks
Listing Information
VC159097404
V1055
Cash, Cash to New Loan
Active
2026-07-28T18:54:49Z
CRMLS
: Standard
2026-04-26T17:00:00Z
Agent info
Ray Millman
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