Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.
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Zillow last checked:
Listing updated:
Listed by:
Jason LoweryDRE #01817345310.409.5374,
Compass
Source: CRMLS,MLS#: SB26146543Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Rooms
Room types: Bedroom, Kitchen, Laundry, Living Room, Other
Bedroom
Features: All Bedrooms Down
Bedroom
Features: All Bedrooms Up
Other
Features: Walk-In Closet(s)
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: Inside
Features
Laminate Counters, All Bedrooms Up, All Bedrooms Down, Walk-In Closet(s)
Flooring: Carpet, Laminate, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,135
Total interior livable area: 2,135 sqft
Property
Parking
Total spaces: 6
Parking features: None, Uncovered
Uncovered spaces: 6
Features
Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Spa features: None
Fencing: Wrought Iron
Has view: Yes
View description: Neighborhood
Lot
Size: 8,223 Square Feet
Features: Front Yard
Details
Parcel number: 5114006013
Zoning: LARD2
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Triplex
Materials
Stucco
Roof: Composition,Shingle
Condition
New construction: No
Year built: 1997
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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