
Los Angeles, California 90011
This Value-Add Residential Income Triplex represents a Strong Value Opportunity with a List Price of $649,900—positioned well below the $689,352 Fair Market Value by 5%. This valuation gap secures $39,452 in Instant Equity for the incoming owner. The property features three detached units, providing superior tenant privacy and a Fair Condition Rating supported by a newer roof. Located minutes from USC and Downtown Los Angeles, the asset offers high rental demand and ample off-street parking. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1350 E 43rd Subject | $649,900* List Price | 0 | 0 | 1,668 | $413 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.5 mi |
B 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.3 mi |
C 1375 E 46th Street Sold | $815,000 | 0 | 0 | 1,803 | $452 | 0.2 mi |
D 4151 Compton Avenue Pending | $749,900 List Price | 0 | 0 | 1,898 | $395 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1918-built triplex explicitly described as being in fair condition. While it benefits from a newer roof, the exterior shows signs of age and deferred maintenance. No interior photos were provided, but the tenant-occupied status and age suggest functional but outdated systems, kitchens, and bathrooms consistent with the 'fair' classification.
The property features three detached units, offering superior privacy for tenants and reducing noise issues compared to traditional shared-wall multi-family buildings.
Located near USC, Exposition Park, and Downtown Los Angeles, this triplex is positioned in a high-demand area for students and urban professionals.
A long driveway provides significant off-street parking, a premium amenity in dense Los Angeles neighborhoods that enhances tenant retention and property value.
With all units currently occupied and a 'do not disturb' policy in place, buyers face challenges regarding immediate inspections and flexibility for owner-occupancy.
Built in 1918 and noted to be in fair condition, the property may require significant capital expenditure for modernization and repairs beyond the recently updated roof.
This triplex features three detached units offering a total of approximately 1,668 sq ft of living space. The property is in fair condition and has seen recent improvements, including a newer roof. The layout includes one larger unit of approximately 900 sq ft and two additional units of about 384 sq ft each. A long driveway provides ample off-street parking, while the detached configuration enhances privacy and flexibility for tenants or future use. Located near USC, Exposition Park, Downtown Los Angeles. All units are tenant-occupied. Please do not disturb occupants
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
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 | 1,668 | 2,001 | 31% |
| Lot Size | 4,656 | 5,261 | 22% |
| Price | $649.9K | $735.0K | 38% |
| Price per sq ft | $390 | $380 | 53% |
| Built year | 1918 | 1913 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 209 | 3% |
Apr 13, 2026
$649,900
Initial Listing