2338 sheridan Street, Los Angeles, CA 90033

• 5 beds |
• 3 baths

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.

Listing Status:

Active

Date Added:

August 4, 2026

Data Last Updated:

August 24, 2026 at 2:13PM

Listing Office:

Century 21 Masters : (805) 650-0555

Listing Agent:

Luis Perales : 805-857-5339

MLS ID:

V1-37991

Interior

• A/C: N/K

Exterior

• General: N/K
• Pool: N/K

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLSF
• County: Los Angeles

Lot

• Zoning: Assessor5175009015

Financial

• Source: CRMLSF