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2618 Gleason Ave, Los Angeles, CA, 90033

3beds
1baths
1,033sqft
$640,000
$620price/sqft
$4,406/moest. monthly cost
$176,240/yrincome needed

About This Home

Unlock the potential of this promising investment opportunity in the heart of Boyle Heights. 2618 Gleason Ave offers a rare chance to secure property in one of Los Angeles’ most rapidly evolving neighborhoods, just minutes from Downtown LA, USC Medical Center, Arts District, and major transit corridors. Sitting on a generous lot, this property provides excellent upside for investors seeking value-add potential. Whether you’re looking to renovate, expand, or reimagine the space entirely, the location and strong foundation are perfect for long-term growth. The surrounding area continues to benefit from ongoing revitalization, increasing demand for quality housing and rental units. This property has a new water heater, new microwave, new fresh inside painting and new bedroom flooring, that is currently being worked on. With convenient access to freeways, public transportation, schools, and local amenities, this address appeals to both renters and future homeowners. Opportunities at this price point in such a central location are becoming increasingly rare, making this a smart acquisition for investors focused on appreciation and cash-flow potential. Ideal for: buy-and-hold investors, developers, flippers, or anyone looking to capitalize on LA’s strong rental market and neighborhood growth. New floors and painting in rooms will be done, as well as new water heater has been installed.

Getting Around

93
WalkingWalker's Paradise
71
TransitExcellent Transit
71
BikeVery Bikeable

Schools

7/10
6/10
Hollenbeck Middle SchoolGrades 6-80.4 mi
4/10

Construction

Condition

  • Year built: 1885

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer Hookup,Inside,In Kitchen

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 1,033 sqft

Property

Details

  • Parcel number: 5180011013
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front Door
  • Pool features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,752 sqft
  • Features: Back Yard,Front Yard