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Exceptional 3-Unit Investment Opportunity! Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite work"”all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3-4 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursued"”buyer to verify status and scope"”offering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.
| Last Updated | 10/20/2025 | Tract | Wrigley Area (WR) |
|---|---|---|---|
| Year Built | 1921 | Community | 5 - Wrigley Area |
| Garage Spaces | 5.0 | County | Los Angeles |
Additional Details
| AREA | 5 - Wrigley Area |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 5384 sq ft |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Wrigley Area (WR) |
| UTILITIES | Electricity Connected, Natural Gas Available, Sewer Connected, Water Available |
| WATER | Public |
Location
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