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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 Triplex 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 just received 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! All showings must be by appointment only
Last Updated | 10/18/2025 | Year Built | 2025 |
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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 | Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater |
AREA | BOYH - Boyle Heights |
BASEMENT | Finished, Sump Pump, Yes |
CONSTRUCTION | Brick, Concrete, Glass, Stucco |
EXTERIOR | Balcony |
GARAGE | Yes |
HEAT | Central |
INTERIOR | Bar, Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Master Downstairs, Open Floorplan, Recessed Lighting |
LOT | 5288 sq ft |
LOT DESCRIPTION | Back Yard, Front Yard, Gentle Sloping, Rectangular Lot, Sloped Down, Sloped Up |
PARKING | Concrete, Driveway, Garage Faces Front, Garage, Garage Door Opener, Gated, Paved, On Street, Tandem |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | One, Two |
UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | City Lights, Neighborhood, Panoramic |
Location
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