1326 W 98th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This triplex presents a High-Potential Investment Opportunity with a List Price of $849,999—positioned above the $821,804 Fair Market Value. While priced at a premium, the property offers significant upside through lease optimization and repositioning. Featuring a Fair Condition Rating, the asset includes a vacant 3-bedroom house, central HVAC, and inside washer/dryer hookups across all units. Its strategic location near SoFi Stadium and major freeways ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1326 W 98th Subject | $849,999* List Price | 0 | 0 | 2,350 | $350 | - |
A 1315 W 102nd Street Sold | $875,000 | 0 | 0 | 2,392 | $366 | 0.2 mi |
B 10625 S Budlong Sold | $909,000 | 0 | 0 | 2,571 | $354 | 0.5 mi |
C 10405 S Hoover Street Sold | $1,080,000 | 0 | 0 | 2,629 | $411 | 0.7 mi |
D 9300 S Hoover Street Sold | $850,000 | 0 | 0 | 2,443 | $348 | 0.8 mi |
E 11143 Van Buren Active Under Contract | $899,000 List Price | 0 | 0 | 2,436 | $369 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, this triplex features some cosmetic updates including laminate flooring and newer bathroom vanities (likely 5-15 years old). However, the property is marketed as a 'value-add' and 'repositioning' opportunity to be sold 'as-is,' with visible wear on bedroom carpeting and dated exterior elements requiring further modernization.
The front 3-bedroom detached house is delivered vacant, providing a rare opportunity for an owner-user to move in immediately while generating rental income from the other two units.
Situated near SoFi Stadium, Downtown LA, and major freeways (110 and 405), the property is positioned in a high-demand rental market with excellent accessibility and growth potential.
The units are equipped with desirable amenities including central HVAC and interior washer/dryer hookups, which are significant value-drivers for attracting and retaining quality tenants.
The property is being sold in its current condition, which may necessitate immediate capital expenditure for repairs or modernization to achieve top-market rents.
The back units involve shared utility arrangements rather than full sub-metering, which can complicate property management and lead to friction regarding utility cost allocations.
Excellent value-add triplex opportunity in a strong Los Angeles rental market, just minutes from Downtown Los Angeles. It is conveniently located near SoFi Stadium, Target, Costco, and major highways – 110 and 405. Property features a desirable unit mix of (1) Front detached 3-bedroom/2-bath house (currently vacant) on 2 levels with inside washer/dryer hookups, central HVAC, separate electricity and gas utilities -- ideal for owner-occupancy; (1) back second level 1-bedroom/1-bath unit with a balcony (tenant-occupied and paying), central HVAC, inside washer/dryer hookups, pays 50% of electricity and gas utilities; and (1) studio unit with one bath, washer/dryer hookups, and air conditioner. No common wall(s). All garages on the ground floor below the one bedroom unit. This property is ideal for investors seeking upside through lease optimization and repositioning. Front 3-bedroom unit delivered vacant at close, offering immediate rental or owner-user potential. A long-term tenant in good standing currently occupies one unit. Studio unit presents additional upside potential (see agent remarks). Property to be sold as-is. Buyers to conduct their own due diligence regarding rents, expenses, and tenancy.
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 | 2,350 | 2,284.5 | 53% |
| Lot Size | 6,256 | 6,083 | 59% |
| Price | $850.0K | $850.0K | 50% |
| Price per sq ft | $362 | $391 | 41% |
| Built year | 1937 | 1925 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 149 | 3% |
May 13, 2026
$849,999
Initial Listing
Dec 5, 2024
$835,000
Public Record
Jan 26, 2017
$508,000
Public Record
Jul 16, 2013
$286,502
Public Record