Exceptional investment and owner-user opportunity in the heart of Boyle Heights, just moments from Cesar Chavez Avenue. Currently generating $5,607 per month in rental income, this legally permitted triplex offers immediate cash flow, significant recent upgrades, and multiple avenues for future upside. The front residence, a 2-bedroom, 1-bathroom home, will… Read More be delivered vacant at close of escrow, creating a rare opportunity for an owner-occupant to live in one unit while generating rental income from the others, or for an investor to lease at current market rates and maximize returns from day one. The two rear units are tenant-occupied on month-to-month agreements and currently generate $2,007 and $1,750 per month in rental income, providing immediate cash flow with future flexibility. In addition, a bonus space attached to the front residence is currently leased for $1,850 per month, including utilities, creating additional income potential. Buyer to independently verify permits, approvals, use, and configuration of the bonus space. The property has benefited from substantial recent capital improvements, including new roofs on all structures (2025), mini-split heating and cooling systems throughout (2025), separately metered electrical service (2026), and a solar panel system (2026), helping reduce operating costs while enhancing tenant appeal. Additional features include covered driveway parking, exterior storage, and private outdoor space ideal for relaxing or entertaining. Owner currently pays water, sewer, and gas, while tenants pay electricity and trash. With the vacant front residence and additional income generated by the bonus space, investors have the potential to increase revenue and improve overall returns, while owner-occupants can take advantage of a unique opportunity to offset housing costs with rental income. Whether you're seeking a house-hack opportunity, a multi-generational living arrangement, or a well-maintained income-producing asset with upside in one of Los Angeles' most established rental markets, this property checks all the boxes. Opportunities to acquire a triplex with a vacant owner's unit, strong in-place income, recent system upgrades, and additional income potential are increasingly hard to find. Read Less
Property listed by Nourmand & Associates-HW, Gina Isaac 310-259-7556
Listing Snapshot
Days Online
69
Last Updated
Beds
6
Square Ft.
2,194
Lot Size
0.13 Acres
Year Built
1965
MLS Number
26715481
Additional Details
Building
Built in 1965, Living area: 2194.0, 3 buildings, Building faces East, 1 storey, Levels: One
Income
Gross Income: $66,984, Net Operating Income: $54,384
Lot
0.1275 acres
Parking
2 open parking spaces, 2 total parking spaces, Concrete, OnStreet
Pool
None
Taxes
Parcel Number: 5175028002, Zoning: LAR2
Tenant Pays
Electricity, TrashCollection
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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