
Los Angeles, California 90019
This exceptional Brookside Triplex is a Prime Investment Opportunity listed at $1,995,000—positioned well below the $2,309,242 Fair Market Value by 13%. This significant valuation gap provides $314,242 in Instant Equity for the incoming owner. The property features an elite Condition Rating of 2, boasting a 2024 Renovated Kitchen with granite countertops, New 2022 HVAC Systems, and a fully upgraded sewer system. Located in the high-demand Hancock Park-Wilshire area, this 4,831 sqft asset combines 1920s character with modernized infrastructure. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity "house hack" in a supply-constrained market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 S Mansfield Avenue Subject | $1,995,000* List Price | 0 | 0 | 4,831 | $478 | - |
A 1273 S Sycamore Avenue Sold | $2,115,000 | 0 | 0 | 4,033 | $524 | 0.5 mi |
B 4710 St Elmo Drive Sold | $1,500,000 | 0 | 0 | 3,908 | $384 | 1.0 mi |
C 1327 S Burnside Sold | $1,700,000 | 0 | 0 | 3,522 | $483 | 0.8 mi |
D 1208 S Cochran Avenue Pending | $1,499,000 List Price | 0 | 0 | 3,223 | $465 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet current quality standards, including a brand-new kitchen in 2024 featuring granite countertops and stainless steel appliances. Major systems were updated recently, with new HVAC installed in 2022 and a completely upgraded sewer system. The interior is move-in ready with modern vinyl wood flooring, updated bathrooms, and no visible deferred maintenance, fitting the criteria for a property extensively renovated within the last 5 years.
The property features significant recent capital improvements, including a 2024 kitchen renovation, new HVAC systems installed in 2022, and a completely upgraded sewer system, reducing immediate maintenance concerns.
Situated in the desirable Brookside/Hancock Park-Wilshire area, this large 4,831 sqft triplex is positioned in a high-demand rental market with strong potential for long-term appreciation.
The units offer a blend of 1920s charm and modern functionality, featuring high ceilings, decorative fireplaces, and a generous 7-bedroom total layout that appeals to high-quality tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6056, other record lot size in square feet = 5977.
With a substantial building footprint on a 6,056 sqft lot, the property offers minimal private yard or common outdoor space for a multi-unit residence.
As a 1925 build, the property may require ongoing attention to century-old structural elements and potential seismic or electrical updates typical of older Los Angeles assets.
Attention Investors over 6% CAP rate!! Discover the charm of this exceptional Brookside triplex, offering a generous total of 7 bedrooms and 5 bathrooms. Nestled in a picturesque, tree-lined neighborhood, this property features a gated, lush front yard equipped with a sprinkler system, providing an inviting first impression. The downstairs unit greets you with a cozy living room that showcases a decorative fireplace, seamlessly flowing into the dining area and a delightful kitchen with a breakfast nook. Two spacious bedrooms share a well-appointed hallway bathroom, while a third bedroom enjoys the privacy of an en-suite. This unit underwent extensive renovations in 2013/2014, including updates to the kitchen and bathrooms, ensuring modern comfort. Ascend to the upstairs unit, where you’ll find a welcoming living room enhanced by another decorative fireplace and access to a large porch that offers a lovely street view. The dining room leads to a versatile bonus room above the driveway and connects to a beautifully updated kitchen, which was newly renovated in 2024. This kitchen boasts stylish cabinets, granite countertops, stainless steel appliances, and double sinks, all set against a sunlit breakfast area featuring a charming built-in nook. Additionally, a spacious laundry room off the hallway adds convenience to this thoughtfully designed layout. The upstairs unit includes two generously sized bedrooms sharing a Jack & Jill bathroom, complete with modern tile and a chic vanity. A third expansive bedroom at the front serves as a suite, featuring an adjoining bathroom with a new vanity and tile. Both units are adorned with attractive vinyl "wood" flooring, soaring ceilings, and equipped with new air conditioning and heating systems installed in 2022, along with a completely upgraded sewer system. This property is not just a home but a remarkable investment opportunity in a vibrant community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,831 | 2,878.5 | 90% |
| Lot Size | 6,056 | 6,013 | 50% |
| Price | $2.00M | $1.11M | 85% |
| Price per sq ft | $413 | $441 | 45% |
| Built year | 1925 | 1926 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 228 | 5% |
Mar 11, 2026
$1,995,000
Initial Listing
Jan 29, 2025
$1,866,500
Public Record
Jun 21, 2013
$800,000
Public Record
Mar 3, 1995
$33,000
Public Record