1504 Attridge Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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Los Angeles, California 90063
This Versatile Residential Income Triplex is listed at $700,000—positioned well below the $710,357 Fair Market Value by 1%. This valuation provides $10,357 in Instant Equity for an asset featuring a Condition Rating of 4. Perched in City Terrace with panoramic city skyline and mountain views, the property includes a vacant 2-bedroom unit ready for immediate occupancy. Proximity to Cal State LA and DTLA ensures high rental demand, with area comps reaching $810,000. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting stable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1504 Attridge Avenue Subject | $700,000* List Price | 0 | 0 | 1,365 | $520 | - |
A 1258 N Ditman Active Under Contract | $769,999 List Price | 0 | 0 | 1,310 | $588 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, this triplex is move-in ready but shows clear signs of age with occasional updates. While the interior features newer laminate flooring and fresh paint in some areas, the kitchen and bathrooms remain dated with older cabinetry, tile work, and a lack of modern appliances. The presence of wall heaters and vintage infrastructure indicates the property has been maintained through regular upkeep rather than a full recent renovation.
This triplex offers excellent versatility for investors or owner-occupants, featuring a vacant 2-bedroom unit ready for immediate move-in or market-rate leasing to maximize cash flow.
Ideally situated in City Terrace, the property provides rapid access to Downtown LA, Cal State LA, and the LAC+USC Medical Center, making it highly attractive to a large pool of professional and student tenants.
Perched on a peaceful hilltop with expansive views, the generous 5,411 sqft lot provides significant potential for future expansion, ADU addition, or enhanced outdoor landscaping.
Built in 1938, the property may require updates to its aging systems and cosmetic finishes to remain competitive and meet modern building standards.
With only 1,365 total square feet divided among three units, the individual living spaces—particularly the studio and one-bedroom units—are relatively small, which may limit long-term tenant retention.
Welcome to this Great opportunity in the neighborhood of City Terrace. Perched on a peaceful hilltop with expansive views, this generously sized lot offers endless possibilities for future expansion, added outdoor space, or enhanced landscaping. Perfectly situated for commuters and students alike, the property provides quick access to Downtown LA, Highland Park, South Pasadena, Monterey Park, Alhambra, Cal State LA, LAC+USC Medical Center, and the Metro Gold Line light rail. Shopping, dining, and major freeways are all within minutes. This multi-unit property includes three well-configured units. Unit 1: A bright 2-bedroom, 1-bath residence with a functional layout. (Vacant). Unit 2: A comfortable 1-bedroom, 1-bath Unit 3: A cozy studio with 1 bath. With strong rental potential, an excellent location, and room to grow, this property stands out as a must-see for investors and owner-occupants alike.
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 | 1,365 | 1,879.5 | 30% |
| Lot Size | 5,411 | 5,516.5 | 50% |
| Price | $700.0K | $725.0K | 50% |
| Price per sq ft | $513 | $386 | 85% |
| Built year | 1938 | 1923 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 217 | 5% |
Apr 2, 2026
$700,000
Initial Listing
Jun 14, 2018
$485,000
Public Record
Mar 1, 2013
$248,500
Public Record
Oct 15, 1999
$140,000
Public Record