1817 Roosevelt Avenue, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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1817 Roosevelt Avenue
Los Angeles, California 90006
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,349Sq Ft
6,007Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$960,032
SUMMARY
This triplex presents a Strong Value Opportunity, listed at $1,050,000—positioned well above the $996,323 Fair Market Value by -5%. As a fully occupied Income-Producing Asset, the property features four separate garages and a stable rental history. While the Condition Rating of 3 reflects vintage 1930s infrastructure, the immediate cash flow and transit-oriented location near Koreatown provide long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a reliable, income-generating multi-family property in Los Angeles.
Estimated Market Value
$960,032
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1817 Roosevelt Avenue Subject 0 bd · 0 ba · 2,349 sqft · $409 | $950,000* List Price | 0 | 0 | 2,349 | $409 | - |
A 2266 Cambridge Street Sold 4 bd · 2 ba · 2,130 sqft · $399 · 0.4 mi | $850,000 | 4 | 2 | 2,130 | $399 | 0.4 mi |
B 1745 S Kingsley Drive Sold 7 bd · 4 ba · 2,838 sqft · $393 · 0.1 mi | $1,115,000 | 7 | 4 | 2,838 | $393 | 0.1 mi |
C 1825 S Oxford Avenue Active 4 bd · 2 ba · 2,524 sqft · $473 · 0.3 mi | $1,195,000 List Price | 4 | 2 | 2,524 | $473 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1930, the property is well-maintained and move-in ready. Interior photos show updated laminate flooring and fresh paint, likely from a renovation within the 10-20 year range. While systems appear dated (window AC units and wall heaters instead of central HVAC), the units are functional and currently occupied.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is a fully occupied triplex, offering investors stable and immediate cash flow from three separate units with existing rental agreements.
- Exceptional Parking Assets
Rare for this high-density area, the property includes four separate garages, providing dedicated parking for each unit plus an additional space for owner storage or extra income.
- Prime Transit-Oriented Location
Situated near Koreatown with rapid access to the 10 Freeway and major transportation routes, the property is positioned in a high-demand rental market.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1930, the property may require higher long-term maintenance costs or capital expenditures for aging plumbing, electrical, and structural systems.
- Underperforming School District
The majority of assigned local schools carry low performance ratings, which may limit the property's appeal to families and impact long-term appreciation potential.
About 1817 Roosevelt Avenue
Excellent Income- Producing Triplex in a Prime Los Angeles Location!!! This well-maintained triplex offers an excellent investment opportunity in a convenient Los Angeles location, close to Koreatown and with easy access to the 10 Freeway and major transportation routes. The property consists of three spacious units , each offering a comfortable residential layout. The front building features two identical and symmetrical 1-bedroom, 1-bath units, both with single-level floor plans. The separate rear unit offers 2 bedrooms and 1 bath and is located above the garage structure. All three units are currently occupied by tenants , providing immediate rental income and a stable investment opportunity. The property also features four separate garages, providing one garage for each unit plus an additional garage that can be used by the owner for storage or other permitted purposes. With all units currently rented and rental agreement will continue according to its existing terms with the new owner. separate garage spaces a desirable location, and convenient freeway access, this triplex offers an attractive for an income-producing property in Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 6,007 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Los Angeles Elementary School
Grades K-5 • 0.6 mi
3/10
Twenty-Fourth Street Elementary School
Grades K-5 • 0.6 mi
2/10
Hobart Boulevard Elementary School
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,349 | 1,670.836 |
| Lot Size | 6,007 | 6,152.156 |
| Price | $950.0K | $1.34M |
| Price per sq ft | $404 | $807 |
| Built year | 1930 | 1941 |
| HOA | $0 | $238 |
| Days on market | 33 | 56 |
Pricing History
Listed for Sale
Oct 27, 2026
$950,000
$1,050,000
-10% Price Drop
Initial Listing
Price Change
Oct 7, 2026
$1,050,000
Initial Listing
Sold
Sep 27, 2017
$725,000
Public Record