Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6175 in monthly income before expenses, the property features a unit mix of one spacious 3-bedroom, 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
|
DAYS ON MARKET
|
51
|
LAST UPDATED
|
11/20/2024
|
|
TRACT
|
Not Applicable
|
YEAR BUILT
|
1923
|
|
COMMUNITY
|
Highland Park
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| APPLIANCES |
Gas Water Heater, Refrigerator |
| AREA |
Highland Park |
| GARAGE |
Assigned, Concrete, Driveway, Driveway Level, Shared Driveway, Tandem, Uncovered |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
5392 sq ft |
| LOT DESCRIPTION |
Sprinklers None |
| PARKING |
Assigned,Concrete,Driveway Level,Driveway,Shared Driveway,Tandem,Uncovered |
| POOL DESCRIPTION |
None |
| SEWER |
Sewer Tap Paid |
| STORIES |
2 |
| SUBDIVISION |
Not Applicable |
| VIEW |
Yes |
| WATER |
Public |
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Listed with Berkshire Hathaway Home Servic
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/9/25 8:24 PM PST 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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