
Los Angeles, California 90001
This Triplex Residential Income property presents a High-Potential Investment Opportunity with a List Price of $849,999—positioned well below the $890,748 Fair Market Value by 4%. This valuation gap offers $40,749 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic updates and system modernization. The vacant front unit provides immediate rental upside, making this an ideal acquisition for Buy-and-Hold Investors or owner-occupants seeking to leverage a multi-unit asset in a transit-accessible Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1836 E 71st Subject 0 bd · 0 ba · 2,553 sqft · $349 | $849,999* List Price | 0 | 0 | 2,553 | $349 | - |
A 6926 Compton Avenue Sold 0 bd · 0 ba · 2,396 sqft · $348 · 0.4 mi | $834,000 | 0 | 0 | 2,396 | $348 | 0.4 mi |
B 1732 E 61st Sold 0 bd · 0 ba · 2,852 sqft · $330 · 0.7 mi | $940,000 | 0 | 0 | 2,852 | $330 | 0.7 mi |
C 1237 E 76th Sold 0 bd · 0 ba · 1,728 sqft · $420 · 0.8 mi | $725,000 | 0 | 0 | 1,728 | $420 | 0.8 mi |
D 8006 Hooper Sold 5 bd · 2 ba · 1,945 sqft · $375 · 0.9 mi | $730,000 | 5 | 2 | 1,945 | $375 | 0.9 mi |
E 1230 E 68th Sold 0 bd · 0 ba · 2,084 sqft · $381 · 0.8 mi | $793,000 | 0 | 0 | 2,084 | $381 | 0.8 mi |
F 5917 Converse Active 0 bd · 0 ba · 2,550 sqft · $255 · 0.8 mi | $650,000 List Price | 0 | 0 | 2,550 | $255 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, the property shows signs of a partial renovation likely completed 20-25 years ago, evidenced by the dated tile flooring and basic bathroom fixtures. While functional and move-in ready for tenants, the units are dated and will require cosmetic updates and likely system overhauls to meet modern standards.
The front unit is currently vacant, providing a rare opportunity for an owner-occupant to utilize favorable financing or for an investor to immediately capture market-rate rents without tenant relocation hurdles.
As a triplex with over 2,500 square feet of living space, this property offers a diversified income stream and higher cash flow potential than standard single-family residences in the same area.
The property is conveniently situated near major freeways and public transportation hubs, ensuring high tenant demand and excellent accessibility for commuters working in the greater Los Angeles area.
Built in 1915, the property may require significant capital expenditures to modernize aging electrical, plumbing, and structural systems typical of century-old constructions.
The current list price represents a significant jump from the 2022 sale price of $710,000, which may invite scrutiny regarding the property's appraised value and the extent of recent improvements.
Discover the possibilities at 1836 East 71 Street in the city of Los Angeles. Multi unit property, Front unit is currently vacant!!! An opportunity for first time buyers or investors looking to add to their real estate portofolio. Conventiently located near shopping centers, local businesess, restaurants, public transportation and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,553 | 2,090.331 |
| Lot Size | 5,740 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $333 | $394 |
| Built year | 1915 | 1928 |
| HOA | $0 | $0 |
| Days on market | 33 | 87 |
Oct 7, 2026
$849,999
Initial Listing
Apr 22, 2022
$710,000
Public Record
Mar 3, 2004
$250,000
Public Record
Mar 30, 1994
$175,000
Public Record