1715 E 70th, Los Angeles, California 90001, Los Angeles, 90001 - 0 bed, 0 bath
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Los Angeles, California 90001
This income-producing triplex represents a High-Potential Investment Opportunity, listed at a List Price of $900,000—positioned above the $810,121 Fair Market Value. While the property requires capital expenditure to address its Condition Rating of 5, the fully tenant-occupied status ensures immediate cash flow. The inclusion of garages and ample parking provides a competitive advantage in the Los Angeles rental market. This asset is best suited for Buy-and-Hold Investors or Value-Add Developers capable of executing necessary structural and interior modernizations to maximize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1715 E 70th Subject | $900,000* List Price | 0 | 0 | 2,103 | $385 | - |
A 8006 Hooper Sold | $730,000 | 5 | 2 | 1,945 | $375 | 0.9 mi |
B 7659 Miramonte Boulevard Sold | $750,000 | 0 | 0 | 1,400 | $536 | 0.4 mi |
C 1732 E 61st Sold | $940,000 | 0 | 0 | 2,852 | $330 | 0.6 mi |
D 1159 E 74th Street Active | $777,000 List Price | 0 | 0 | 1,953 | $398 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this property shows significant deferred maintenance on the exterior, including cracked stucco and weathered entry stairs. While the interior shows some newer laminate flooring, the lack of documented updates to major systems (HVAC/Electric) or kitchens and bathrooms in a century-old structure indicates a need for substantial rehab.
As a fully tenant-occupied triplex, this property provides immediate cash flow from day one, making it an ideal addition for investors seeking a turnkey multifamily asset.
The inclusion of garages and significant on-site parking is a premium feature for Los Angeles multifamily units, enhancing tenant desirability and overall property value.
Proximity to major freeways and public transportation hubs ensures high rental demand and convenience for commuters, supporting long-term occupancy rates.
Built in 1910, the property may require substantial ongoing maintenance or costly upgrades to aging electrical, plumbing, and foundation systems to meet modern standards.
With only select units featuring recent flooring updates, the property likely requires additional capital expenditure to modernize all interiors and achieve top-of-market rental rates.
This income-producing triplex is ideally located near shopping, major freeways, and public transportation, offering convenience for both tenants and owners. Several units have been updated with newer flooring, enhancing the property's appeal and rental potential with garages and ample parking. All units are currently tenant-occupied, providing immediate income from day one. Whether you're looking to expand your investment portfolio or acquire a well-located multifamily asset, this property presents excellent long-term upside in a strong rental market. Don't miss this investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,103 | 2,250 |
| Lot Size | 6,660 | 5,864 |
| Price | $900.0K | $826.7K |
| Price per sq ft | $428 | $395 |
| Built year | 1910 | 1925 |
| HOA | $0 | $0 |
| Days on market | 33 | 83 |
Jun 19, 2026
$900,000
Initial Listing