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Value-Add Triplex Opportunity in West Wilmington Rare opportunity to acquire a true income-producing triplex featuring three separate units: two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, each with private entrances and individual yard space a configuration desirable for long-term rental stability. Property is currently subject to the City of Los Angeles LAHD REAP program and is expected to be removed from REAP at the close of escrow. Seller reports approximately $40,000 invested in recent repairs, with substantial corrective work completed. Per seller, most items have been addressed, with remaining corrections pending in Unit 1343. Current rental income reflects REAP-adjusted amounts. Projected gross rental income upon removal from REAP is approximately $3,346.81 per month, offering long-term upside potential for rental optimization and income growth. Strategically located near Pacific Coast Highway, the 110 Freeway, schools, shopping, and major employment centers within a high-demand rental corridor.
Property Type(s):
Residential Income
| Last Updated | 3/2/2026 | Year Built | 1929 |
|---|---|---|---|
| Community | 195 - West Wilmington | Garage Spaces | 2.0 |
| County | Los Angeles |
Price History
| Prior to Mar 2, '26 | $720,000 |
|---|---|
| Mar 2, '26 - Today | $760,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 195 - West Wilmington |
| CONSTRUCTION | Frame, Plaster, Stucco |
| EXTERIOR | Lighting, Rain Gutters |
| GARAGE | Yes |
| HEAT | Gravity, Wall Furnace |
| LOT | 7296 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 7295 |
| PARKING | Concrete, Driveway, On Site |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Spanish, Traditional |
| TAXES | 10375 |
| UTILITIES | Cable Available, Sewer Connected, Water Available, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Keller Williams SELA
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