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Sat Oct 17, 12:00pm - 2:00pm
Sun Oct 18, 12:00pm - 2:00pm
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $440
MLS Listing ID SR26219325
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1923
Lot Size 5,449 Sqft
Property Sub-Type Triplex
Property Description
Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026.
REMODELED FROM TOP TO BOTTOM IN 2026! Improvements include a new roof, remodeled kitchens and bathrooms, new appliances, electrical improvements, updated walls and finishes, and central A/C in all three units. No one has lived in the property since the renovation. Major improvements are complete, allowing the next owner to focus on leasing rather than undertaking a major renovation.
PROJECTED RENTAL INCOME: • Front 2BD/1BA: $3,500/month • Front 2BD/1BA: $3,500/month • Rear 1BD/1BA ADU: $2,200/month
TOTAL PROJECTED GROSS RENT: $9,200/MONTH | $110,400/YEAR. At the asking price, this represents approximately a 10.2% gross rental yield before operating expenses, vacancy, financing, taxes, insurance, and other costs.
LIVE IN ONE, RENT THE OTHER TWO! Owner-occupants can live in one front unit while renting the other unit and ADU. Investors can lease all three spaces to establish multiple income streams from one property. Delivered fully vacant, the property offers flexibility to establish new leases and a rental strategy.
THINK LONG-TERM: Investors may benefit from rental income, potential rent growth, and future appreciation. An illustrative future value of $1.5 million would represent approximately $421,000 in gross appreciation from the asking price, before selling costs, financing, taxes, and other expenses. Future value is not guaranteed.
Three separate living spaces. Extensive 2026 renovations. Newly built ADU. Central A/C throughout. Fully vacant and ready for its next chapter!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Triplex
Story 1
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5035023021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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