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2338 Sheridan Street

Los Angeles, CA 90033
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Bed 5

Bed

Bath 3

Bath

SqFt7,752

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,500,000

AD Id : 89085488

MLS Id : V1-37991

Beds : 5

Lot Size : 7,752 Sqft

Year Built : 1959

Garage : 2

County : Los Angeles

Subdivision: Meekins Add No 1 Amen

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1959
    Building Area Total: 1992
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7752 Lot Size Acres: 0.178 Lot Size Source: Assessor Lot Size Square Feet: 7,752 Lot Description: SprinklersNone

    Property Information

    Subdivision: Not Applicable Source Property Type: ResidentialIncome Property Age: 67

  • Listing Price Information

    Listing Price: $1500000
    Cash, CashToNewLoan, Conventional, FHA

  • Tax Information

    Parcel Number: 5175009015 Tax Lot: 5

  • Parking Information

    Parking Total: 2 ConvertedGarage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Exit Soto st, right on Soto, right on Sheridan
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1440 Tremont, Los Angeles, CA, 90033 $1,288,000 -- -- 4,836 4,836 SqFt
1517 Ricardo, Los Angeles, CA, 90033 $975,000 2 1 794 794 SqFt
1450 Ricardo #1450, Los Angeles, CA, 90033 $449,000 2 1 800 800 SqFt
2746 Wabash Avenue, Los Angeles, CA, 90033 $790,000 5 4 2,249 2,249 SqFt
2532 1/2 Ganahl Street, Los Angeles, CA, 90033 $399,000 2 2 850 850 SqFt
2530 Ganahl, Los Angeles, CA, 90033 $1,549,000 8 8 3,360 3,360 SqFt
2811 Winter, Los Angeles, CA, 90033 $699,000 3 1 1,302 1,302 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $745,000 5 5 2,756 2,756 SqFt
2853 Cincinnati Street, Los Angeles, CA, 90033 $2,292,000 18 15 7,168 7,168 SqFt
1151 1153 Cornwell Street, Los Angeles, CA, 90033 $1,170,000 -- -- 3,682 3,682 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 19:10

MLS: V1-37991 LISTED BY: Luis Perales, Century 21 Masters 805-650-0555 SOURCE: CRMLS

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