
Los Angeles, California 90002
This Triplex Residential Income Asset is listed at a List Price of $1,050,000, which sits slightly above the $1,011,092 Fair Market Value. Featuring a Condition Rating of 2, the property offers Turnkey Upgrades including modern tile flooring, granite countertops, and recessed lighting. With a configuration of two 2-bedroom units and one 1-bedroom unit, this property provides significant rental versatility near Ted Watkins Memorial Park. While the pricing reflects a premium, the recent renovations minimize immediate capital expenditures. This is a stable, income-generating acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10406 Pace Subject | $1,050,000* List Price | 0 | 0 | 2,259 | $448 | - |
A 1222 E 103rd Pending | $800,000 List Price | 4 | 3 | 2,188 | $366 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1944, the property shows evidence of a comprehensive renovation within the last 5 years. Interior photos reveal modern large-format tile flooring, updated cabinetry, granite countertops, and recessed lighting. The exterior has been well-maintained with updated vinyl windows and a newer decorative perimeter wall, meeting the criteria for mint condition with no immediate maintenance required.
The triplex configuration, featuring two 2-bedroom units and one 1-bedroom unit, offers excellent rental versatility and strong cash flow potential for investors or owner-occupants.
The property boasts significant recent upgrades throughout, reducing the need for immediate capital expenditures and enhancing its appeal to prospective tenants.
Conveniently located near Ted Watkins Memorial Park and major freeway corridors, the property provides residents with easy access to recreation, shopping, and commuting routes.
The listing price of $1.05M represents a significant jump from its 2022 sale price of $855,000, which may challenge appraisal values and investor yield expectations in the current market.
Originally constructed in 1944, the property may possess aging core systems that require more frequent maintenance compared to newer builds, despite cosmetic interior improvements.
Three Separate Units on a Nice location with lots of upgrades, close to Ted Watkins Memorial Park, Shopping Centers, Easy Freeway Access and more. Must See to Appreciate! Units consist of a couple of 2bedroom and 1 bath each and another one of 1Bedroom and 1 bath. Must see to appreciate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,259 | 2,187.451 |
| Lot Size | 6,801 | 5,841.385 |
| Price | $1.05M | $841.5K |
| Price per sq ft | $465 | $385 |
| Built year | 1944 | 1928 |
| HOA | $0 | $0 |
| Days on market | 43 | 85 |
Jul 28, 2026
$1,050,000
Initial Listing
Jun 22, 2022
$855,000
Public Record
Sep 13, 2017
$330,000
Public Record
Nov 3, 2015
$245,000
Public Record