Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!
Sold for $955,000
Listed by: PAK HOME REALTY • Jesse Sanchez • Contact: 562-713-2941
Bought with: Compass
$955,000
132 S Avenue 56, Los Angeles, CA 90042
6beds
3baths
2,764sqft
Triplex
Built in 1908
-- sqft lot
$1,229,200 Zestimate®
$346/sqft
$4,932 Estimated rent
Home value
$1,229,200
$1.06M - $1.41M
$4,932/mo
Zestimate® history
Owner options
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$4,932/mo
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$4,932/mo
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$6,064/mo
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List your homeWhat's special
Craftsman homeOwn backyardIndependent gas and electricityOutdoor spacesOversized lotIn-unit laundry
Zillow last checked:
Listing updated:
Listed by:
Jesse Sanchez DRE #02033411 562-713-2941,
PAK HOME REALTY
Bought with:
Michael Carlo Garcia, DRE #01983751
Compass
Source: CRMLS,MLS#: CV24160474
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Flooring: Carpet, Tile, Vinyl, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
Features
- Levels: Multi/Split
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,177 Square Feet
- Features: 0-1 Unit/Acre, Near Public Transit, Rectangular Lot, Street Level, Yard
Details
- Parcel number: 5468025009
- Zoning: LARD2
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Foundation: Combination
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $127,004
- Annual tax amount: $2,068
- Date on market: 8/8/2024
- Cumulative days on market: 13 days
- Listing terms: Cash to New Loan,Conventional,FHA,Submit
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $955,000-11.6%$346/sqft |
Source:  CRMLS #CV24160474 Report a problem | ||
| 11/27/2024 | Pending sale | $1,080,000$391/sqft |
Source: CRMLS #CV24160474 Report a problem | ||
| 9/19/2024 | Contingent | $1,080,000$391/sqft |
Source: CRMLS #CV24160474 Report a problem | ||
| 8/9/2024 | Listed for sale | $1,080,000$391/sqft |
Source: CRMLS #CV24160474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,068 +2.3% | $127,004 +2% |
| 2024 | $2,020 +1.5% | $124,514 +2% |
| 2023 | $1,991 +4% | $122,074 +2% |
| 2022 | $1,914 +2% | $119,682 +2% |
| 2021 | $1,877 -0.5% | $117,336 +1% |
| 2020 | $1,888 | $116,134 +2% |
| 2019 | $1,888 +11.8% | $113,858 +2% |
| 2018 | $1,688 | $111,626 +2% |
| 2017 | $1,688 +2% | $109,438 +2% |
| 2016 | $1,655 +4.3% | $107,294 +1.5% |
| 2015 | $1,587 -0.6% | $105,683 +2% |
| 2014 | $1,596 | $103,614 +4.5% |
| 2011 | -- | $99,144 +0.8% |
| 2010 | -- | $98,404 -0.2% |
| 2009 | -- | $98,639 +2% |
| 2008 | -- | $96,706 +2% |
| 2007 | -- | $94,810 +2% |
| 2006 | -- | $92,952 |
| 2005 | -- | $92,952 +4% |
| 2004 | -- | $89,345 +1.9% |
| 2003 | -- | $87,709 +2% |
| 2002 | -- | $85,990 +4% |
| 2000 | -- | $82,653 |
Find assessor info on the county website
Neighborhood: Highland Park
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Nearby schools
GreatSchools rating
- 10/10Richard Riordan Primary CenterGrades: PK-5Distance: 0.3 mi
- 4/10Benjamin Franklin Senior High SchoolGrades: 6-12Distance: 0.6 mi
- 7/10Monte Vista Street Elementary SchoolGrades: K-5Distance: 0.3 mi
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Estimated market value
$1,229,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,229,200
- California
- Los Angeles County
- Los Angeles
- 90042
- Highland Park
- 132 S Avenue 56
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