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$ 949,000
Est. payment | /mo
5 Beds
2,135 SqFt
$ 949,000
Est. payment | /mo
5 Beds
2,135 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,135 sqft
Price per Sqft $444
MLS Listing ID CRCV26017202
Bedrooms 5
HOA Y/N No
Year Built 1923
Lot Size 5,401 Sqft
Acres 0.12
Property Sub-Type Triplex
Property Description
Exceptional opportunity to own an upgraded, income-producing triplex in a prime Los Angeles location offering immediate cash flow of $77,400 in yearly revenue, modern improvements, and long-term appreciation potential. This property has undergone extensive renovations completed in December 2021, including bright new flooring, updated bathrooms, refreshed interiors, and major system upgrades designed to reduce maintenance and attract quality tenants. Approximately three years ago the plumbing was upgraded to durable PEX throughout, providing long-lasting reliability and peace of mind for investors. All units feature modern finishes and appealing layouts, making this a true multi-unit asset with additional rental upside. The property is individually metered for electricity and gas, helping keep owner expenses low. Owner pays water only (approximately $800 every two months), while tenants cover other utilities. Ample parking is available with front parking for the front units and dedicated rear parking for the back unit, adding strong tenant appeal. Front Unit #1 is a spacious two-story 2-bedroom, 2-bathroom unit featuring significant electrical upgrades including a new 200-amp electrical panel and updated wiring. Front Unit #2 is a 1-bedroom, 1-bathroom unit with a new water heater
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 6013016022
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Listed by Frank Parra • Century 21 Masters
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Patrick Nagel
REALTOR® | Lic# 1760790