
Los Angeles, California 90003
This triplex presents a High-Potential Investment Opportunity with a List Price of $615,000—positioned well below the $634,411 Fair Market Value by 3%. This valuation gap offers $19,411 in Instant Equity. Featuring a Fair Condition Rating, the property includes individual utility meters and four renovated garages, providing immediate rental upside. While the 1928 vintage infrastructure requires long-term maintenance planning, the 1-bedroom unit configuration ensures steady demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 135 E 77th Street Subject 3 bd · 3 ba · 1,814 sqft · $339 | $615,000* List Price | 3 | 3 | 1,814 | $339 | - |
A 156 W 84th Sold 4 bd · 3 ba · 1,885 sqft · $334 · 0.6 mi | $630,000 | 4 | 3 | 1,885 | $334 | 0.6 mi |
B 156 W 84th Sold 4 bd · 3 ba · 1,885 sqft · $334 · 0.6 mi | $630,000 | 4 | 3 | 1,885 | $334 | 0.6 mi |
C 164 W 84th Sold 5 bd · 4 ba · 2,064 sqft · $315 · 0.7 mi | $650,000 | 5 | 4 | 2,064 | $315 | 0.7 mi |
D 164 W 84th Place Sold 5 bd · 4 ba · 2,064 sqft · $315 · 0.7 mi | $650,000 | 5 | 4 | 2,064 | $315 | 0.7 mi |
E 314 W 66th Sold 0 bd · 0 ba · 1,632 sqft · $438 · 0.8 mi | $715,000 | 0 | 0 | 1,632 | $438 | 0.8 mi |
F 146 W 81st Sold 0 bd · 0 ba · 1,820 sqft · $412 · 0.3 mi | $749,999 | 0 | 0 | 1,820 | $412 | 0.3 mi |
G 506 E 62nd Street Sold 0 bd · 0 ba · 1,966 sqft · $356 · 1.0 mi | $700,000 | 0 | 0 | 1,966 | $356 | 1.0 mi |
H 7833 Crocker Active Under Contract 5 bd · 3 ba · 2,008 sqft · $296 · 0.3 mi | $594,900 List Price | 5 | 3 | 2,008 | $296 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this triplex shows a mix of conditions. While the kitchen and bathrooms in at least one unit have been updated with modern granite countertops, white shaker cabinets, and contemporary tile work (likely within the last 10-15 years), other areas show dated features such as popcorn ceilings and older doors. The exterior and driveway are well-maintained, but the age of the structure and inconsistent interior updates across all units place it in the fair category.
As a triplex with individual gas and electric meters, the property offers diversified income streams while minimizing landlord utility overhead and management complexity.
The four recently renovated single-car garages provide significant upside for additional rental income or secure storage in a high-demand urban area.
Each unit features dedicated washer and dryer hookups, a highly sought-after amenity that increases tenant retention and justifies premium market rents.
Originally built in 1928, the property may require higher long-term maintenance costs or capital improvements to modernize aging structural and mechanical systems.
The uniform 1-bedroom, 1-bathroom layout across all units limits the appeal to smaller households, potentially restricting the total rental ceiling compared to multi-bedroom configurations.
TRIPLEX INVESTMENT OPPORTUNITY! THREE UNITS. MULTIPLE INCOME STREAMS. BIG UPSIDE!INVEST SMART. BUILD EQUITY. GENERATE CASH FLOW! Whether you're a seasoned investor or looking to start building your real estate portfolio, this Los Angeles triplex offers an incredible opportunity! Live in one unit and collect rental income from the other two, or rent all three for maximum income potential! Each unit features 1 bedroom, 1 bathroom, separate electrical and gas meters, and washer/dryer hookups, offering convenience and long term tenant appeal. An extended driveway leads to FOUR recently renovated single-car garages, adding even more value and potential for additional income! Located in a growing Los Angeles market with established tenants already in place, this income producing property offers immediate rental income, future upside, and the opportunity to increase cash flow over time. THREE UNITS. FOUR GARAGES. ENDLESS POTENTIAL! Opportunities like this don't come around every day. BUY NOW, BUILD WEALTH, AND LET YOUR INVESTMENT WORK FOR YOU!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,814 | 2,090.331 |
| Lot Size | 5,102 | 5,852.908 |
| Price | $615.0K | $830.9K |
| Price per sq ft | $339 | $394 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 77 | 87 |
Aug 24, 2026
$615,000
Initial Listing