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Diego Magdaleno

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

$1,100,000

Est. payment - /mo

5,384 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID SB25242845

HOA Y/N No

Year Built 1921

Lot Size 5,384 Sqft

Property Sub-Type Triplex

Property Description

Exceptional 3-Unit Investment Opportunity!
Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal.

Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite work—all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3–4 additional surface parking spaces, creating potential for additional rental income.

Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursued—buyer to verify status and scope—offering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue.

Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Zoning LBR1N

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks, Urban

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

Roof Type Shingle

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7208016022

Energy Description 1174.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by William Mulkey TR Wealth Management Inc. 310-919-7554

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2310 Elm Long Beach, CA 90806