Location, Location, Location! At the heart of Pico and Fairfax, this traditional Triplex provides a great opportunity to purchase a well-maintained three unit income producing property with strong development potential in an up-and-coming area of Los Angeles, with new construction around the corner and within a few blocks. Steps away from a grocery store, convenience store, restaurants, bus stop, and countless other urban amenities, yet tucked away from the bustling city center on a quiet and calm street. This Triplex consists of three 1 bedroom, 1 bath units, each with its own 1-car garage, on a large lot at 7,124 square feet with LAR3 zoning. One unit will be delivered vacant. The other two units have below market rents that haven't been raised in years, so there is upside in rents. Hold on for the long term or keep for the short term as an income stream during the development process. This can become the next great condo, apartment, or small lot home development in the city!
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