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Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location.
Property Type(s):
Residential Income
| Last Updated | 5/28/2026 | Year Built | 1926 |
|---|---|---|---|
| Community | C19 - Beverly Center-Miracle Mile | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Dryer, Refrigerator, Vented Exhaust Fan, Washer |
|---|---|
| AREA | C19 - Beverly Center-Miracle Mile |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s), Walk-In Closet(s) |
| LOT | 7701 sq ft |
| LOT DIMENSIONS | 7701 |
| PARKING | Garage, Shared Driveway |
| STORIES | Split/Multi Level |
| STYLE | Spanish |
Location
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Listed with Pacifica Realty Management LA
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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