
Los Angeles, California 90011
This Residential Income Triplex serves as a strategic Value-Add Asset for investors targeting the Los Angeles market. Listed at $680,000, the property is positioned relative to its $574,039 Fair Market Value, reflecting the high demand for three legal units. Currently holding a Poor Condition Rating, the 1930s structure requires significant capital expenditure to modernize outdated systems and interiors. However, the layout—comprising a 3-bedroom front home, two 1-bedroom units, and a private patio—offers excellent rental upside near Vernon City Elementary. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1454 E 50th Subject | $680,000* List Price | 0 | 0 | 2,138 | $268 | - |
A 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.6 mi |
B 4427 Lima Street Sold | $540,000 | 0 | 0 | 2,076 | $260 | 0.4 mi |
C 4427 Lima Street Sold | $540,000 | 5 | 2 | 2,076 | $260 | 0.4 mi |
D 1139 E 43rd Street Sold | $699,000 | 0 | 0 | 2,056 | $340 | 0.7 mi |
E 5307 5307 1/2 Compton Avenue Pending | $725,000 List Price | 0 | 0 | 2,040 | $355 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property shows significant deferred maintenance and extremely outdated features throughout. The kitchens and bathrooms are in very poor condition with original or very old cabinets, countertops, appliances, and tiling (e.g., pink and green tiled bathrooms, old patterned floor tiles). Light fixtures are basic and dated, and there's no central HVAC, relying on window units and wall heaters. The exterior and electrical panel also appear very old and in need of substantial upgrades, indicating major components require rehabilitation.
The property is a legal triplex, explicitly marketed as an 'Excellent Investment or Owner-User Opportunity,' providing multiple income streams.
The setup allows an owner to 'live in one and rent the other two,' significantly reducing housing costs or generating substantial passive income.
Features a spacious 3-bedroom, 1-bath front home alongside two separate 1-bedroom, 1-bath units, appealing to a broader tenant base.
Built in 1930, the property likely requires significant updates to plumbing, electrical, and HVAC systems, potentially leading to substantial renovation costs.
The description provides no specifics on recent renovations, current condition of interiors, or major system updates, suggesting potential deferred maintenance or a need for extensive buyer due diligence.
Given its age and the general nature of investment properties, units may feature outdated finishes and amenities, which could impact rental appeal and require capital expenditure for modernization.
Excellent Investment or Owner-User Opportunity! This property features three legal units, offering the perfect setup to live in one and rent the other two. The spacious front home includes 3 bedrooms and 1 bath, while two additional units each offer 1 bedroom and 1 bath. Schedule a viewing today before it’s gone!
No exterior & parking available.
Grades 1-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 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 | 2,138 | 2,028 | 64% |
| Lot Size | 5,002 | 5,288 | 33% |
| Price | $680.0K | $745.0K | 42% |
| Price per sq ft | $318 | $373 | 39% |
| Built year | 1930 | 1912 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 209 | 18% |
Mar 10, 2026
$680,000
$700,000
-3% Price Drop
Initial Listing
Dec 22, 2025
$700,000
Initial Listing