House Hack or Investment Opportunity! Live in one unit and rent out the other two.
Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at… Read More $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental.
At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month.
Each unit has been thoughtfully updated, including one newly built ground-up unit, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature modern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space.
With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside.
Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors.
A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex. Read Less
Property listed by True North Realty, Stacey Havener 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Lot Size
0.15 Acres
Year Built
1908
MLS Number
SR26134411
Additional Details
Building
Built in 1908, 2 buildings, 2 stories, Entry level: 1, Entry location: 1
Community
StreetLights, Sidewalks, Urban
Cooling
Ductless
Expenses
Insurance: $3,000, Operating: $14,403
Fireplaces
None
Heating
Ductless
Income
Gross Income: $115,800, Gross ScheduledIncome: $115,800, Net Operating Income: $101,400
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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