
Los Angeles, California 90003
This triplex presents a High-Potential Investment Opportunity with a List Price of $583,000—positioned above the $569,935 Fair Market Value. While the property requires capital expenditure to address its Condition Rating of 5, the asset features a long driveway and four garages, providing significant rental appeal. The gated, multi-unit layout offers a stable foundation for income generation. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers focused on long-term cash flow and property modernization in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 135 E 77th Subject | $583,000* List Price | 0 | 0 | 1,296 | $441 | - |
A 233 W 65th Sold | $710,000 | 0 | 0 | 1,481 | $479 | 0.8 mi |
B 8449 S Main Active | $650,000 List Price | 0 | 0 | 1,192 | $545 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is nearly a century old and lacks evidence of modern renovations. While the listing claims good condition, the exterior shows significant wear and the electrical meters appear dated with messy wiring, indicating the need for substantial system updates and rehab.
This triplex offers a strong investment opportunity at a competitive price point in the Los Angeles market, featuring three separate units that are reported to be in good condition.
The property includes a long driveway and four garages, providing significant parking capacity and storage options which are rare and highly desirable for multi-family residents.
The entire property is gated, offering an added layer of security and privacy for tenants, which enhances the overall desirability and safety of the premises.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 1814.
With a total of 1,296 square feet across three units, the individual living spaces are quite compact, averaging only 432 square feet per unit, which may limit tenant appeal.
The owner is responsible for water costs, which increases monthly operating expenses and can negatively impact the overall net operating income for the investor.
BIG OPPORTUNITY 3 UNITS WITH 1 BED AND I BATH. ALL UNITS ARE IN GOOD CONDITION IN A GOOD AREA WITH A LONG DRIVEWAY, PROPERTY HAS 4 GAGRAGES ALSO IT IS GATED FOR PRIVACY AND BACK UNIT WILL BE DELIVERED EMPTY. TENANTS PAY GAS AND ELECTRICITY AND SELLER PAYS WATER. MOTIVATED SELLER.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,296 | 2,250 |
| Lot Size | 5,102 | 5,864 |
| Price | $583.0K | $826.7K |
| Price per sq ft | $450 | $395 |
| Built year | 1928 | 1925 |
| HOA | $0 | $0 |
| Days on market | 37 | 83 |
Jun 15, 2026
$583,000
Initial Listing