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$ 999,000
Est. payment | /mo
6 Beds
2,167 SqFt
$ 999,000
Est. payment | /mo
6 Beds
2,167 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,167 sqft
Price per Sqft $461
MLS Listing ID CL26672849
Bedrooms 6
HOA Y/N No
Year Built 1950
Lot Size 6,678 Sqft
Acres 0.15
Property Sub-Type OTHER
Property Description
Income-producing triplex opportunity in South Los Angeles with strong rental upside and one unit delivered vacant. This property features a front single-family residence and a rear duplex, offering an ideal setup for investors seeking stable income with future growth potential. The front house offers 2 bedrooms and 1 bathroom with a detached 2-car garage. The rear duplex consists of two 2-bedroom, 1-bathroom units, each with two assigned parking spaces. One unit will be delivered vacant at close of escrow, providing flexibility for owner-occupancy or immediate rent adjustment. Current rents total $5,502 per month, with projected market rents estimated between $2,700 and $2,900 per unit, presenting a clear value-add opportunity. Property is occupied by Section 8 tenants, offering consistent rental income and stability. Each unit is equipped with a wall-mounted gas heater, and the owner currently pays water. Property does not have central air conditioning. Refrigerators and stoves are included in all units. Convenient South Los Angeles location with strong rental demand and excellent accessibility to major employment and entertainment hubs (Minutes from major destinations such as SoFi, Stadium, Kia Forum, Intuit Dome, Hollywood Park development). The property is situated in a walkable residential neighborhood near schools, parks, shopping, and public transportation.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Others
Tax ID 6034028004

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Listed by Vivian Lesny • eXp Realty of Greater Los Angeles
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Patrick Nagel
REALTOR® | Lic# 1760790

