
Los Angeles, California 90003
This Triplex Income Asset is a High-Potential Investment Opportunity with a List Price of $595,000—positioned well below the $618,327 Fair Market Value by 3%. This valuation gap offers $23,327 in Instant Equity. Comprising three 1-bedroom units in Fair Condition, the property generates immediate revenue with tenants paying most utilities. The four-car garage and gated driveway offer rare Los Angeles parking and storage upside. Despite its vintage 1928 infrastructure, the secure perimeter and high rental demand make this ideal for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 135 E 77th Subject | $595,000* List Price | 0 | 0 | 1,296 | $477 | - |
A 112 W 62nd Street Sold | $680,000 | 0 | 0 | 1,364 | $499 | 1.0 mi |
B 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.4 mi |
C 151 E 67th Street Sold | $485,000 | 0 | 0 | 1,471 | $330 | 0.6 mi |
D 138 W Gage Avenue Sold | $755,000 | 0 | 0 | 1,680 | $449 | 0.9 mi |
E 127 E 81st Active | $749,888 List Price | 0 | 0 | 1,534 | $489 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this triplex is well-maintained and functional but shows clear signs of age. While it features some updates like laminate flooring and newer paint, the kitchens and bathrooms remain outdated with older tile work, basic cabinetry, and aged appliances. The presence of older wall heaters and the overall vintage infrastructure align with the 'fair' condition category.
This triplex configuration with three 1-bedroom units provides a consistent revenue stream, further optimized by tenants paying their own gas and electricity.
The inclusion of four garages and a long driveway is a rare and highly valuable asset in Los Angeles, offering significant convenience and potential for additional storage income.
The property is fully gated, providing enhanced privacy and security for tenants, which is a premium feature that helps maintain high occupancy rates.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1296, other record living area = 1814.
With only 1,296 total square feet for three units, the individual living spaces are quite small, which may limit long-term tenant retention or future rent increases.
Originally built in 1928, the property likely features aging systems that may require more frequent maintenance and capital expenditures compared to newer multi-family assets.
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 all UNITS WILL BE DELIVERED WITH TENANTS. TENANTS PAY GAS AND ELECTRICITY AND SELLER PAYS WATER.
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 | 1,296 | 1,907 | 11% |
| Lot Size | 5,102 | 5,170 | 40% |
| Price | $595.0K | $760.0K | 20% |
| Price per sq ft | $459 | $362 | 73% |
| Built year | 1928 | 1928 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 191 | 2% |
Mar 13, 2026
$595,000
Initial Listing