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Millman Team Real Estate

$1,500,000
0.18 Acre Lot

2338 Sheridan Street, Los Angeles, California 90033

  • Residential Income Property Type
  • Converted Garage Cars Garage
  • 1959 Year Built
Property Description

Welcome to a rare opportunity to own a duplex in the heart of vibrant Boyle Heights. Situated on an expansive approximately 7, 700-square-foot lot, this income-producing property offers nearly 2, 000 square feet of living space with a combined total of 5 bedrooms and 2 bathrooms, making it ideal for investors, developers, owner-occupants, or multi-generational living.One of the property’s most exciting features is its exceptional redevelopment potential. According to preliminary development information, the site may offer the opportunity to build 18 or more residential units (buyer to independently verify with the City of Los Angeles, zoning regulations, and all applicable development incentives). Whether you’re looking to capitalize on existing rental income while planning a future project or move forward with redevelopment, this property presents a compelling opportunity in a high-demand location.Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and popular local dining, this property combines prime accessibility with significant upside potential.Whether you’re an investor seeking cash flow, a developer looking for your next project, or a buyer searching for a property with long-term appreciation potential, this property delivers a unique combination of location, income, and development possibilities. Opportunities like this are increasingly rare–don’t miss your chance to unlock the full potential of this exceptional property.

Basic Details
Residential Income
For Sale
V1-37991
$1,500,000
None
1959
0.18 Acre
Active
Features
: None
: Wall Furnace
: None
: Wrought Iron
: None
: Converted Garage
$0
Address Map
CA
Los Angeles
Los Angeles
Not Applicable
90033
sheridan
2338
Street
W119° 47' 36.1''
N34° 3' 0.3''
Exit Soto st, right on Soto, right on Sheridan
BOYH - Boyle Heights
Additional Information
$0
$0
$0
$0
$0
1992
: Sidewalks
2.0
: Sprinklers None
2026-08-04
Broker/Agent Information
Century 21 Masters
Luis Perales
Listing Information
V211509815
VV5006
Cash, Cash to New Loan, Conventional, FHA
Active
2026-08-04T18:27:48Z
CRMLS
: Standard
2026-08-03T17:00:00Z
Agent info
Ray Millman
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