
Los Angeles, California 90011
This Turnkey Residential Income Triplex represents a High-Potential Investment Opportunity, listed at $1,299,999—positioned slightly above the $1,267,467 Fair Market Value. Despite the premium, the property’s Condition Rating of 2 and rare 9-bedroom configuration ensure immediate, stable cash flow. With fully permitted renovations and flexible delivery options, this asset is designed for efficiency. It serves as a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through high-demand rental income in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1164 E 34th Subject | $1,299,999* List Price | 0 | 0 | 2,477 | $512 | - |
A 731 E 41st Place Sold | $1,045,000 | 0 | 0 | 2,080 | $502 | 0.5 mi |
B 3631 Trinity Street Active | $1,050,000 List Price | 0 | 0 | 2,804 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1905, the property has undergone extensive, fully permitted renovations within the last 5 years. The interior features modern kitchens, updated bathrooms, new flooring, and fresh finishes throughout, meeting the criteria for a turnkey, mint-condition asset.
This rare 9-bedroom triplex configuration offers an exceptional unit mix, maximizing rental yield and providing significant versatility for investors or multi-generational families.
The property is fully permitted and extensively updated with modern kitchens, bathrooms, and flooring, minimizing immediate maintenance costs and attracting high-quality tenants.
With the potential for the seller to deliver the property vacant, buyers have the unique opportunity to immediately set market-rate rents or occupy a unit while offsetting the mortgage.
Fitting 9 bedrooms into 2,477 square feet suggests smaller individual room sizes and high occupant density, which may result in increased wear and tear over time.
The property is served by local public schools with predominantly low performance ratings, which could limit the appeal for long-term family-oriented tenants.
Turnkey, fully permitted triplex featuring a rare 9-bedroom unit mix and strong income potential in the heart of Los Angeles. The property consists of a spacious front house offering 4 bedrooms and 1 bathroom, a rear upper unit with 3 bedrooms and 1 bathroom, and a rear lower unit with 2 bedrooms and 1.5 bathrooms. Extensively updated throughout, the units feature modern kitchens, updated bathrooms, newer flooring, fresh finishes, and well-maintained interiors designed to attract quality tenants and maximize rental appeal. Currently tenant-occupied and generating income, the seller may consider delivering the property vacant, providing flexibility for investors, owner-users, or multigenerational living arrangements. The gated property offers ample on-site parking and a functional layout that supports both stable cash flow and long-term appreciation. Whether you’re seeking a strong investment opportunity, a value-add asset with future upside, or a property that allows you to offset your mortgage with rental income, this triplex offers exceptional versatility. Conveniently located near major freeways, employment centers, shopping, dining, and public transportation. Buyer and buyer’s agent to independently verify all information, including but not limited to square footage, permits, zoning, unit count, rental income, and property condition. Information deemed reliable but not guaranteed.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,477 | 2,250 |
| Lot Size | 4,806 | 5,864 |
| Price | $1.30M | $826.7K |
| Price per sq ft | $525 | $395 |
| Built year | 1905 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jun 24, 2026
$1,299,999
Initial Listing
Sep 1, 2023
$700,000
Public Record
Sep 1, 2023
$760,000
Public Record
Aug 7, 2023
$630,000
Public Record
Aug 4, 2023
$530,000
Public Record