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$949,999
Est. payment /mo
4,891 Sqft Lot
Open House
Thu Oct 22, 12:00pm - 5:00pm
Fri Oct 23, 12:00pm - 5:00pm
Sat Oct 24, 10:00am - 5:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26227869
HOA Y/N No
Year Built 1924
Lot Size 4,891 Sqft
Property Sub-Type Triplex
Property Description
Excellent Investment Opportunity in City Terrace, Los Angeles!
Discover this beautifully remodeled triplex in the desirable City Terrace area of Los Angeles, offering an outstanding opportunity for investors or owner-occupants looking to maximize rental income. This income-producing property features three separate, vacant units, providing flexibility for immediate leasing at market rents. The property consists of one spacious 3-bedroom, 1-bathroom unit and two additional 1-bedroom, 1-bathroom units. All three units have been remodeled, offering a fresh, updated living environment for future tenants.
Conveniently located near California State University, Los Angeles (Cal State LA), the property benefits from close proximity to educational institutions, shopping, dining, major freeways, and other local amenities, making it an attractive option for renters.
Parking is another standout feature, with a carport accommodating two vehicles, plus separate parking for the rear unit. The property offers the potential to accommodate up to five vehicles without blocking other tenants' vehicles, adding valuable convenience for residents.
With all three units vacant and move-in ready, this triplex presents a fantastic opportunity to establish rental income, explore owner-occupancy options, or expand an investment portfolio in Los Angeles. Don't miss the opportunity to own a versatile multi-unit property in a convenient and established neighborhood!
Discover this beautifully remodeled triplex in the desirable City Terrace area of Los Angeles, offering an outstanding opportunity for investors or owner-occupants looking to maximize rental income. This income-producing property features three separate, vacant units, providing flexibility for immediate leasing at market rents. The property consists of one spacious 3-bedroom, 1-bathroom unit and two additional 1-bedroom, 1-bathroom units. All three units have been remodeled, offering a fresh, updated living environment for future tenants.
Conveniently located near California State University, Los Angeles (Cal State LA), the property benefits from close proximity to educational institutions, shopping, dining, major freeways, and other local amenities, making it an attractive option for renters.
Parking is another standout feature, with a carport accommodating two vehicles, plus separate parking for the rear unit. The property offers the potential to accommodate up to five vehicles without blocking other tenants' vehicles, adding valuable convenience for residents.
With all three units vacant and move-in ready, this triplex presents a fantastic opportunity to establish rental income, explore owner-occupancy options, or expand an investment portfolio in Los Angeles. Don't miss the opportunity to own a versatile multi-unit property in a convenient and established neighborhood!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry Inside, Laundry Room
Exterior
Carport Spaces 4
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5224018016
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Lease Land No
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Listed by Carlos Flores Better Homes and Gardens RE 626-723-8604, DRE #02050464
NEARBY SCHOOL & BUSINESS
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