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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$849,000

Est. payment - /mo

5,745 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25203484

HOA Y/N No

Year Built 1928

Lot Size 5,745 Sqft

Property Sub-Type Triplex

Property Description

Incredible Investment Opportunity in the Heart of Los Angeles! Welcome to this rare Triplex in Los Angeles that offers the perfect blend of income potential, location, and future growth possibilities! With a total of 5 bedrooms, 3 bathrooms, and 1,873 sqft of living space situated on a generous 5,745 sqft lot, this property is a true gem for both investors and homeowners looking to generate rental income. The property includes 4 over-sided garages with HUGE potential to be converted into an ADU (Accessory Dwelling Unit), unlocking even more rental opportunities and maximizing your return on investment. Combined with plenty of driveway parking and two charming wrought iron fences enclosing the front and rear yards, this home delivers both convenience and security. Each unit has the ability to provide consistent rental income, making this triplex a smart investment for those looking to expand their portfolio or for a buyer who wants to live in one unit while renting out the others. With its spacious lot, future ADU potential, and desirable location, the possibilities here are endless! This triplex is more than just a property, it's a once-in-a-lifetime opportunity to secure a long-term investment in one of the most sought-after markets in the country. Situated just minutes from the energy of Downtown Los Angeles, residents will enjoy easy access to public transportation, shopping centers, grocery stores, parks, and major freeways, making it an incredibly attractive option for tenants and homeowners. Don't miss out on this great investment opportunity! Properties like this rarely hit the market.
Schedule your private showing today and discover the endless potential this Los Angeles triplex has to offer!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR2

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry None

Exterior

Parking Features Driveway

Garage Spaces 4.0

Garage Description 4.0

Fence Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Flat,Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level One,Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6023012013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by George Valencia Century 21 A Better Service 562-250-7151

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1008 E 74th ST Los Angeles, CA 90001