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We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
Property Type(s):
Residential Income
| Last Updated | 12/23/2024 | Year Built | 1956 |
|---|---|---|---|
| Community | East Los Angeles | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Dec 23, '24 | $1,299,000 |
|---|---|
| Dec 23, '24 - Today | $1,195,000 |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
|---|---|
| AREA | East Los Angeles |
| GARAGE | Assigned, Door-Single, Driveway, Garage, Private, Yes |
| HEAT | Wall Furnace |
| LOT | 7200 sq ft |
| LOT DESCRIPTION | No Landscaping, Rectangular Lot, Yard |
| PARKING | Assigned,Door-Single,Driveway,Garage,Private |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LCR4YY |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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