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$1,390,000
Est. payment /mo
7 Beds
4 Baths
2,763 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,763 sqft
Price per Sqft $503
MLS Listing ID 26641079
Bedrooms 7
HOA Y/N No
Year Built 1910
Lot Size 7,496 Sqft
Property Description
A rare opportunity to own an upgraded triplex in a quiet yet centrally located Los Angeles neighborhood. This well-maintained income property has been tastefully remodeled, including updated kitchens and bathrooms, and offers excellent access to Downtown LA, West LA, Beverly Hills, and major freeways such as the 10 and 110.The gated property consists of three units, including a spacious front unit and two rear units. The front unit features 3 bedrooms and 2 bathrooms, a private gated front yard, and a cozy porch. The two rear units each offer 2 bedrooms and 1 bathroom with separate side entrances along the driveway, providing added privacy and convenience for tenants. Each unit is equipped with its own washer and dryer. The two-story units were added in the late 1980s, per seller. All units have been remodeled and are well maintained. The property includes six designated on-site parking spaces, along with additional usable parking areas within the property, offering ample parking for occupants and guests. The current gross rental income is approximately $7,899 per month ($94,788 annually), with strong upside potential for future rent increases. This is a solid investment opportunity in a strong rental market.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Wall Furnace
Fireplace No
Appliance Disposal
Exterior
Parking Features Assigned, Gated, Side By Side
Pool None
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5060022020
Special Listing Condition Standard
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Listed by Ki Seon Im Ivy Realty Co.
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Terrance Scotton
Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256
Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256



