Property listed by Compass, Erica Walden 310-230-5478
$799,000
Calling all investors and value-add buyers! Excellent opportunity to acquire a well-maintained triplex featuring three units on a generously sized lot. The property consists of two separate structures: a charming single-level 2-bedroom, 1-bath front home, and a rear duplex with two 1-bedroom, 1-bath units. One of the 1-bedroom units will… Read More be delivered vacant at close of escrow, offering immediate rental or owner-user flexibility. All units are in good condition, and the property benefits from a long driveway providing ample off-street parking. Low-maintenance landscaping adds to ease of ownership. Investors will appreciate the upside potential in rental income, as well as the possibility of adding an ADU in the rear yard, subject to buyer investigation and all required approvals. The vacant unit can be leased promptly in its current condition, making this an attractive opportunity for both seasoned investors and buyers seeking a value-add asset. Centrally situated minutes from major employment and entertainment hubs, including SoFi Stadium, Intuit Dome, BMO Stadium, the Memorial Coliseum, and LA Live, approximately 4 miles south of USC. Short commute to Downtown Los Angeles, and located near public transportation, Metro lines, schools, shopping, and major freeways; the property is well positioned for long-term demand and appreciation. Development-minded buyers should note the lot size and zoning (LAR3) may offer additional future opportunities (buyer to verify). A rare multifamily offering with flexibility, location, and upside. Don't miss this opportunity! Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
4
Square Ft.
2,040
Lot Size
0.16 Acres
Year Built
1921
MLS Number
26635565
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1921, Living area: 2040.0, 2 buildings, Levels: One
Income
Gross Income: $46,248, Net Operating Income: $22,054
Lot
0.1607 acres
Parking
Driveway
Property
Other structures: Sheds
Taxes
Parcel Number: 6020021008, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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