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Investor opportunity in prime Mid-City Los Angeles - triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles' most desirable rental markets. The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods. Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units. Zoned LARD1.5, the property may offer future development potential and additional land value in a high-growth Los Angeles submarket (buyer to verify with city). Conveniently located near Downtown Los Angeles, Koreatown, public transportation, restaurants, shopping, and major employment centers, this property benefits from consistent tenant demand and strong long-term appreciation potential. Whether you're looking for a Los Angeles triplex investment, rental income property, house-hacking opportunity, or ADU development play, this Mid-City multifamily property offers flexibility, income potential, and a prime central location.
Property Type(s):
Residential Income
| Last Updated | 3/3/2026 | Year Built | 1903 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Range, Microwave, Refrigerator |
| AREA | C16 - Mid Los Angeles |
| FIREPLACE | Yes |
| HEAT | See Remarks |
| INTERIOR | Open Floorplan |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Front Yard, Rectangular Lot |
| LOT DIMENSIONS | 7502 |
| PARKING | Covered |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, See Remarks, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
Location
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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.
This IDX solution is (c) Diverse Solutions 2026.
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