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Listed by Luis Ramirez • Luis Gerardo Ramirez
$ 950,000
Est. payment | /mo
2,275 SqFt
$ 950,000
Est. payment | /mo
2,275 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,275 sqft
Price per Sqft $417
MLS Listing ID DW-26177896
Year Built 1948
Lot Size 5,977 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Prime East Los Angeles Triplex with Panoramic Neighborhood Views and Strong Income Potential.
Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property.
The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income.
Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles.
With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location.
All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.
Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property.
The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income.
Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles.
With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location.
All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.
Location
State CA
County Los Angeles
Area Cter - City Terrace (L)
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry None
Exterior
Parking Features Street
Garage Spaces 1.0
Pool None
Community Features Urban
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
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