REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,080,000
Est. payment | /mo
6 Beds
3 Baths
2,830 SqFt
$ 1,080,000
Est. payment | /mo
6 Beds
3 Baths
2,830 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,830 sqft
Price per Sqft $381
MLS Listing ID CRP1-20017
Bedrooms 6
Full Baths 3
Originating Board California Regional MLS
Year Built 1923
Lot Size 5,392 Sqft
Property Description
Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6175 in monthly income before expenses, the property features a unit mix of one spacious 3-bedroom, 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Rooms
Kitchen Refrigerator
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Gas Hookup, 30
Exterior
Parking Features Assigned Spaces, Other, Uncovered Parking
Fence 2, Wood
Pool 31, None
View Hills
Roof Type Rolled Composition,Composition
Building
Story Split Level
Foundation Raised, Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 5482006010
Special Listing Condition Not Applicable
© 2024 MLSListings Inc. All rights reserved.
Listed by Rebecca Alvarado • Berkshire Hathaway Home Servic
GET MORE INFORMATION
Property Nerd Quick Search
- Homes for Sale in Sunnyvale HOT
- Homes for Sale in Palo Alto
- Homes for Sale in Los Altos HOT
- Homes for Sale in Los Altos Hills HOT
- Homes for Sale in Cupertino
- Homes for Sale in Santa Clara
- Homes for Sale in San Jose
- Homes for Sale in Mountain View HOT
- Homes for Sale in Saratoga
- Homes for Sale in Los Gatos
- Homes for Sale in Campbell
- Homes for Sale in Menlo Park
- Homes for Sale in Portola Valley
- Homes for Sale in Redwood City
- Homes for Sale in San Mateo
- Homes for Sale in Burlingame
- Homes for Sale in Atherton
- Homes for Sale in Castro Valley
- Homes for Sale in Walnut Creek
- Homes for Sale in Oakland
- Homes for Sale in Concord