
Los Angeles, California 90019
This triplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,500,000—positioned above the $1,323,705 Fair Market Value. While priced above current estimates, the property offers significant upside through its ADU Expansion Potential and Detached Unit Configuration. With a Condition Rating of 3, the units are move-in ready, minimizing immediate capital expenditure. The central location near major employment hubs ensures strong rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage multi-family income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1707 S Redondo Boulevard Subject 4 bd · 3 ba · 2,560 sqft · $517 | $1,500,000* List Price | 4 | 3 | 2,560 | $517 | - |
A 1373 S Orange Drive Sold 0 bd · 0 ba · 3,079 sqft · $460 · 0.4 mi | $1,415,000 | 0 | 0 | 3,079 | $460 | 0.4 mi |
B 1036 S Citrus Avenue Sold 0 bd · 0 ba · 3,096 sqft · $459 · 1.0 mi | $1,420,000 | 0 | 0 | 3,096 | $459 | 1.0 mi |
C 1332 Masselin Avenue A&b Active 4 bd · 2 ba · 2,389 sqft · $586 · 0.6 mi | $1,399,000 List Price | 4 | 2 | 2,389 | $586 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1940, the property is well-maintained and was refreshed within the last few years. Interior photos show modern vinyl flooring, updated kitchen appliances, and clean, functional bathrooms, making the units move-in ready and suitable for immediate rental.
The property offers significant value-add potential with existing drafted plans to convert the four-car garage into an additional unit, allowing investors to maximize density and rental income.
Unlike traditional multi-family buildings, this property features three separate detached residences, providing tenants with enhanced privacy and making it highly attractive for multi-generational living.
Positioned in a high-demand pocket of Los Angeles, the property is minutes from major hubs like Culver City, Miracle Mile, and DTLA, ensuring low vacancy rates and long-term appreciation.
Originally built in 1940, the property may have underlying maintenance requirements or aging systems that could necessitate capital improvements beyond the recent cosmetic updates.
The disclosure that all listing photos have been digitally enhanced suggests that the actual physical condition may not fully align with the online presentation, potentially impacting buyer expectations during tours.
ATTENTION INVESTORS AND SAVVY BUYERS!! A rare, high-potential triplex opportunity awaits on a generous 7,783 sq. ft. lot. Built in 1940, this charming multi-family property features three separate detached residences, offering exceptional rental potential or multi-generational living. Two Updated 1-Bedroom Homes: Both single-story residences were refreshed a few years ago with durable vinyl flooring, modern kitchen appliances, window coverings, in-unit washers and dryers, storage sheds and satellite dishes. Spacious and updated 2-Bedroom Upper Unit: Positioned above the massive 4-car garage, this light-filled home boasts a large living room, a dining room with charming built-ins and balcony access, an oversized eat-in kitchen, and a pass-through laundry room leading to a second private balcony. Classic touches include original-style wainscoting in one bedroom. Unit has satellite dish. ADU Expansion Potential: The seller has already drafted plans to convert part of the 4-car garage into an additional unit--plans are available for the next owner to unlock even more value!Unbeatable Central Location: Minutes from Culver City, Koreatown, Miracle Mile, Downtown LA, top museums, shopping, and public transit. Plus, ample street parking makes hosting guests a breeze.All photos have been enhanced
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,560 | 2,090.331 |
| Lot Size | 7,783 | 5,852.908 |
| Price | $1.50M | $830.9K |
| Price per sq ft | $586 | $394 |
| Built year | 1940 | 1928 |
| HOA | $0 | $0 |
| Days on market | 4 | 87 |
Nov 5, 2026
$1,500,000
Initial Listing