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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.
Property Type(s):
Multi Family
| Last Updated | 11/20/2024 | Year Built | 1923 |
|---|---|---|---|
| Community | Highland Park | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Refrigerator, Water Heater |
| AREA | Highland Park |
| GARAGE | Assigned, Concrete, Shared Driveway, Tandem, Uncovered |
| LOT | 5392 sq ft |
| LOT DESCRIPTION | Sprinklers None |
| PARKING | Assigned,Concrete,Shared Driveway,Tandem,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills |
| WATER | Public |
Location
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Listed with Berkshire Hathaway Home Servic
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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