231 Blackshear Avenue
Los Angeles, CA 90022
5
Bed
3
Bath
2,271Sqft
5,188Sqft(Lot)
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 individuals alike. Each unit is served by its own water heater, eliminating any gas expense for ownership and simplifying operations. The opportunity here is defined by its upside. The vacant garages offer significant value-add potential through conversion to an ADU — with no loss of existing services — while the addition of community laundry provides a clear path to incremental income. Existing units carry strong renta
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1948 Building Area Total: 2,271 -
Pool Features
NoneLaundry Features
Washer Hookup,Gas Dryer Hookup
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1191 -
Lot Size Source: Assessor Lot Size Square Feet: 5188
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Listing Price Information
Original List Price: 958,000 Listing Contract Date: 2026-05-18 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5249015014
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Postal Code Plus 4: 2305 Directions: South of 60 fwy east of Atlantic Zoning: LCR4YY Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Triplex -
Building and Construction
Property Age: 78 Common Walls: 1 Common Wall Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: Front Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6047 Dennison, Los Angeles, CA, 90022 | $1,199,000 | 6 | 4 | 3,491 | 3,491 SqFt |
| 5519 Via Corona, Los Angeles, CA, 90022 | $759,900 | 4 | 2 | 1,540 | 1,540 SqFt |
| 549 Williamson, Los Angeles, CA, 90022 | $849,000 | 5 | 3 | 1,872 | 1,872 SqFt |
| 536 S Sadler, Los Angeles, CA, 90022 | $850,000 | 4 | 2.5 | 2,000 | 2,000 SqFt |
| 5354 Louis Place, Los Angeles, CA, 90022 | $799,000 | 3 | 2 | 1,831 | 1,831 SqFt |
| 920 S La Verne, Los Angeles, CA, 90022 | $830,000 | 7 | 2 | 2,055 | 2,055 SqFt |
| 833 N Humphreys, Los Angeles, CA, 90022 | $1,298,000 | 5 | 6 | 2,699 | 2,699 SqFt |
| 4478 E 4th, Los Angeles, CA, 90022 | $889,000 | 4 | 3 | 1,917 | 1,917 SqFt |
| 951 S Kern, Los Angeles, CA, 90022 | $599,999 | 4 | 2 | 1,466 | 1,466 SqFt |
| 1347 Fraser Avenue #1-3, Los Angeles, CA, 90022 | $630,000 | 3 | 3 | 1,541 | 1,541 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/14/2026 @ 05:03
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