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Investors & Buyers Alert! Massive Income Potential at 654 Penrith Drive! Don't miss this rare multi-unit opportunity in the heart of Los Angeles! Perfect for investors and buyers looking for passive income and portfolio growth. This property is a Duplex with three fully functional units "” instant cash flow, turnkey potential, and long-term growth. Unit 1: 3 Bedrooms, 2 Bathrooms, washer/dryer, private yard Unit 2 (New Construction!): 2 Bedrooms, 2 Bathrooms, 2 balconies, full kitchen, washer/dryer, private yard Unit 3 (New Construction Studio!): Full bathroom, full kitchen, washer/dryer, private yard Additional perks: 2-car garage + tandem parking for 3 cars Walking distance to local amenities Minutes from Downtown LA & the new 6th Street Bridge Units 2 & 3 are brand new and in the process of obtaining a Certificate of Occupancy, giving you fresh, rentable units ready to generate income immediately. This is the ultimate property for investors and buyers looking to grow a real estate portfolio. Opportunities like this don't wait "” act fast! ?? Call now before this rare gem is gone!
Last Updated | 8/21/2025 | Year Built | 1923 |
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Community | BOYH - Boyle Heights | Garage Spaces | 2.0 |
County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer, Washer/Dryer Stacked |
AREA | BOYH - Boyle Heights |
BASEMENT | Finished, Sump Pump, Yes |
EXTERIOR | Balcony |
GARAGE | Yes |
HEAT | Central, Ductless |
INTERIOR | Bar, Breakfast Bar, Eat-in Kitchen, In-Law Floorplan, Open Floorplan |
LOT | 5288 sq ft |
LOT DESCRIPTION | Front Yard, Near Public Transit, Paved, Rectangular Lot, Sprinklers In Front |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | One, Two, Multi/Split |
UTILITIES | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | City Lights, Neighborhood |
Location
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