729 S Bernal, Los Angeles, CA 90023 | MLS #IG26111674 | Berkshire Hathaway HomeServices Troth, REALTORS®
 
Listing provided courtesy of eXp Realty of Southern CaliforniaMLS# IG26111674MLS Provider
  • 39 days on site
  • 0 views

This Boyle Heights triplex presents a rare and versatile investment opportunity with multiple paths for income growth and future development. The property is currently configured with a duplex at the front of the lot and a spacious detached unit at the rear, creating the perfect setup for an owner-occupant to live in the private back unit while generating rental income from the front units, both of which have been well maintained and upgraded over time. Investors also have the option to lease all three units and capitalize on strong rental upside with significant pro-forma potential and long-term ROI. Situated on an expansive 13,313 sq. ft. lot (approximately 0.3 acres) with desirable LARD1.5 zoning, the property offers exceptional redevelopment potential, allowing for up to 8 buildable units on the parcel (Buyer to verify all information). With larger multi-unit and multi-story developments already established along the same street, the groundwork for increased density and enhanced income potential has already been set. All three units feature 2 bedrooms and 1 bathroom, with separate gas and electric meters, as well as individual water heaters for each unit. The owner's unit includes a dedicated laundry room, while exterior laundry is available for the duplex units. Over the years, the property has seen various upgrades, including newer laminate flooring throughout, a newer roof on the rear owner's unit, and a remodeled bathroom in the detached unit. A long driveway running alongside and in front of the property provides ample parking for residents and guests alike. Conveniently located near major freeways and offering easy access to all parts of Los Angeles, this property combines immediate cash-flow opportunity with substantial long-term land value and redevelopment potential.

Source: CRISNET, MLS#: IG26111674

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  • Property Type
    Residential
  • Lot
    0.31 acres

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  • Median Age
    31
  • Population Density
    10,923
  • College Educated
    11%
  • Estimated Median Income
    $45,991
  • Estimated Total Home Owners
    3,029
  • Estimated Total Renters
    8,544
  • Owner / Renter Divide
    26% / 74%
  • Estimated Average Household Size
    4
  • Total Population
    46,517
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 729 S Bernal


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2026Source: CRISNET Status Change
Active Under Contract
6/12/2026Source: CRISNET Status Change
Active Under Contract
5/26/2026Source: CRISNET Status Change
Active
5/26/2026Source: CRISNET Status Change
Active
5/22/2026Source: CRISNET Added to Database
May 22, 2026
5/22/2026Source: CRISNET Added to Database
May 22, 2026