
Los Angeles, California 90037
This 1921 triplex represents a High-Potential Investment Opportunity, listed at $890,000—positioned well above the $751,792 Fair Market Value by 18%. While the property requires modernization due to its Condition Rating of 4, the FHA-eligible status and one vacant unit provide immediate flexibility for a "house hack." Proximity to USC, SOFi Stadium, and local museums ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage strategic renovations to maximize long-term appreciation in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1146 W 52nd Subject | $890,000* List Price | 0 | 0 | 1,720 | $437 | - |
A 1132 W 56th Sold | $644,000 | 0 | 0 | 1,758 | $366 | 0.3 mi |
B 1361 W Vernon Avenue Sold | $690,000 | 0 | 0 | 1,892 | $365 | 0.7 mi |
C 1016 W 51st Active | $795,000 List Price | 0 | 0 | 1,752 | $454 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1921 triplex is over 100 years old; while it features new paint and appears well-maintained externally, the lack of documented renovations to kitchens, bathrooms, or major systems (HVAC/Electric) suggests the interior is dated and requires modernization to meet current standards.
As a triplex with FHA financing available and one unit delivered vacant at close of escrow, this property is an ideal candidate for 'house hacking' or immediate rental income generation.
The property's proximity to USC, SOFi Stadium, and the Exposition Park museums ensures a consistent pool of potential tenants and strong long-term appreciation potential.
With existing tenants on month-to-month agreements, the new owner has the flexibility to transition units to market-rate rents or perform strategic renovations to maximize ROI.
The property was recently sold within the past year on 2026-03-05. The sold price is $560,000.00. The property was recently sold within the past year on 2026-03-05. The sold price is $480,000.00.
Built in 1921, this century-old structure may require significant capital expenditure for maintenance or upgrades to major systems like plumbing, electrical, and roofing.
The surrounding public schools have generally low ratings, which may limit the property's appeal to families and impact the long-term resale value to certain demographics.
a classic 1921 multi-family triplex located in the Vermont square/South Los Angeles area. close to SOFi Stadium ,Museums , USC University FHA Available - one unit will be vacant close of escrow. New paint . tenants in front units , Month to Month
No exterior & parking available.
Grades K-2 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,720 | 2,250 |
| Lot Size | 5,361 | 5,864 |
| Price | $890.0K | $826.7K |
| Price per sq ft | $517 | $395 |
| Built year | 1921 | 1925 |
| HOA | $0 | $0 |
| Days on market | 31 | 83 |
Jun 21, 2026
$890,000
Initial Listing
Mar 5, 2026
$560,000
Public Record
Mar 5, 2026
$480,000
Public Record