
Los Angeles, California 90022
This Spacious Residential Income Triplex is listed at $999,900, representing a premium multi-unit asset compared to its $951,099 Fair Market Value. Holding a Condition Rating of 4, the property is well-maintained but features original finishes, offering a clear value-add path to modernize and capture higher market rents. The 2,036 Sq. Ft. of living space—exceeding recent area comparables—is divided into three units (2/1, 1/1, and 1/1), ensuring diversified income streams in a high-demand area near local schools. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1254 S Mcbride Subject | $999,900* List Price | 0 | 0 | 2,036 | $467 | - |
A 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this triplex is well-maintained but shows clear signs of age with outdated finishes. The kitchens and bathrooms feature older cabinetry and tile work, and the property utilizes dated wall-mounted heating units rather than modern HVAC. While functional and move-in ready for tenants, it lacks recent comprehensive renovations.
The triplex configuration, featuring a 2-bedroom front unit and two 1-bedroom units, provides multiple revenue streams and flexibility for owner-occupants or seasoned investors.
Offering over 2,000 square feet of living space, the units are notably spacious for the area, which can command higher rents and attract long-term tenants.
Conveniently located near schools, shopping, and essential amenities, the property is positioned in a high-demand area ensuring low vacancy rates and consistent rental interest.
Built in 1948, the property likely requires updates to major systems such as plumbing, electrical, and roofing to meet modern standards and reduce maintenance overhead.
At a list price of nearly $1 million, the initial return on investment (Cap Rate) may be compressed, requiring aggressive management to achieve strong cash flow in the current market.
Spacious Triplex Offering Over 2,000 Sq. Ft. of Living Space • Front unit features 2 bedrooms and 1 bathrooms • Middle unit offers 1 bedroom and 1 bathroom • Rear unit includes 1 bedroom and 1 bathroom Property is conveniently located near schools, shopping, and local amenities. Great investment opportunity with strong rental potential.
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 | 2,036 | 1,892.5 | 86% |
| Lot Size | 5,354 | 6,252 | 36% |
| Price | $999.9K | $759.0K | 93% |
| Price per sq ft | $491 | $450 | 79% |
| Built year | 1948 | 1929 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 239 | 7% |
Mar 8, 2026
$999,900
Initial Listing
Jun 27, 2002
$279,000
Public Record
Dec 8, 2000
$1,000
Public Record
Oct 16, 2000
$1,000
Public Record