Bought with Miriam Wydermyer
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Key Details
Sold Price $629,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRIN25166362
Sold Date 10/30/25
Style Bungalow
Year Built 1940
Lot Size 6,759 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! This triplex offers a CAP Rate upwards of 7.4%! Additional BONUS of at least 95% upside in rents! Great value add opportunity. Zoned RD2. Endless possibilities. Fix and flip / lease up or Park your 1031 Exchange. Convert garages to ADUs for additional income or explore the full re-development route and take advantage of the One Big Beautiful Bill that brings back 100% bonus depreciation! All 3 units are separately metered for gas and electric. Tenants pay for all utilities except water/sewer. New flooring and new paint in unit 1625. Copper plumbing throughout the property. Perfect for owner user or get your own tenant at market rent! This property is gated for privacy and is priced to sell! Conveniently located close to schools, SoFi Stadium, Intuit Dome, Forum, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Long-term tenants. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered with existing tenants and one unit available to lease up.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry Gas Hookup, 30
Exterior
Parking Features Other
Garage Spaces 3.0
Pool 31, None
View None
Building
Water Private
Architectural Style Bungalow
Others
Tax ID 6034010019
Special Listing Condition Not Applicable
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