
Los Angeles, California 90033
This triplex presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned above the $690,249 Fair Market Value by 5%. While the property requires a full rehab due to its Condition Rating of 5, the asset offers significant upside through the conversion of the attic into a JDU and the garage into an ADU. This Residential Income property features a versatile unit mix in a high-demand area. It is an ideal acquisition for Buy-and-Hold Investors or experienced developers focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 N Fickett St Subject 0 bd · 0 ba · 2,118 sqft · $318 | $675,000* List Price | 0 | 0 | 2,118 | $318 | - |
A 206 S Soto Sold 0 bd · 0 ba · 2,234 sqft · $330 · 0.2 mi | $738,000 | 0 | 0 | 2,234 | $330 | 0.2 mi |
B 206 S Soto Sold 4 bd · 2 ba · 2,234 sqft · $330 · 0.2 mi | $738,000 | 4 | 2 | 2,234 | $330 | 0.2 mi |
C 2811 -2813 E Boulder Street Sold 0 bd · 0 ba · 2,272 sqft · $317 · 0.5 mi | $721,000 | 0 | 0 | 2,272 | $317 | 0.5 mi |
D 419 N Mott Sold 5 bd · 3 ba · 2,122 sqft · $269 · 0.2 mi | $570,000 | 5 | 3 | 2,122 | $269 | 0.2 mi |
E 2500 Ganahl Sold 0 bd · 0 ba · 1,984 sqft · $388 · 0.7 mi | $770,000 | 0 | 0 | 1,984 | $388 | 0.7 mi |
F 114 S Soto Sold 0 bd · 0 ba · 2,700 sqft · $230 · 0.2 mi | $620,000 | 0 | 0 | 2,700 | $230 | 0.2 mi |
G 2111 Bird Street Active 0 bd · 0 ba · 2,194 sqft · $351 · 0.5 mi | $769,999 List Price | 0 | 0 | 2,194 | $351 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926 with no evidence of recent major renovations. Interior photos show significant wear, including dated and stained bathroom tiling, uneven wall finishes, and signs of deferred maintenance such as flypaper in the living area. The property appears to have systems and finishes well over 30 years old, requiring a full rehab to meet modern standards.
The property offers exceptional upside for investors with the potential to convert the unused attic into a Junior Accessory Dwelling Unit (JDU) and the vacant two-car garage into an additional ADU.
As a triplex featuring a 3-bedroom front house, a 2-bedroom unit, and a studio, the property provides a versatile unit mix that caters to various tenant needs in a high-demand rental market.
Situated on a corner lot in the heart of Boyle Heights, the property benefits from increased visibility and proximity to major employment centers, transit options, and ongoing neighborhood revitalization.
Originally built in 1926, the property likely requires modernization of major systems and may have deferred maintenance issues typical of century-old structures.
With a 3,600 sqft lot already hosting over 2,100 sqft of living space, the property has a high building-to-land ratio, leaving very little outdoor space for tenants, especially if further ADUs are added.
Excellent corner-lot investment opportunity. The property features a spacious 3-bedroom/1-bathroom front house, a 2-bedroom/1-bathroom unit, and a studio. The front house includes a separate stairway leading to an unused attic space, offering potential for conversion into a JDU (buyers to conduct their own due diligence). Additionally, the two-car garage is currently used by the owner and will be delivered vacant, providing for another ADU potential. This is a unique opportunity to acquire a well-located property in a very high-demand area of Los Angeles situated in the heart of Boyle Height and East LA submarkets. The location benefits from strong tenant demand, and proximity to major employment centers, transit options, and ongoing neighborhood revitalization.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,118 | 2,090.331 |
| Lot Size | 3,600 | 5,852.908 |
| Price | $675.0K | $830.9K |
| Price per sq ft | $319 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Nov 3, 2026
$675,000
$699,000
-3% Price Drop
Initial Listing
Oct 20, 2026
$699,000
$725,000
-4% Price Drop
Initial Listing
Oct 8, 2026
$725,000
Initial Listing
Feb 11, 2014
$350,000
Public Record
Aug 3, 2004
$325,000
Public Record
Nov 22, 1999
$214,000
Public Record