
Los Angeles, California 90016
This Mid-City triplex represents a High-Potential Investment Opportunity, listed at $949,000—positioned above the $825,658 Fair Market Value. While priced above the current estimation, the property features a Condition Rating of 3 with two newly renovated, vacant units, offering immediate rental income or owner-occupancy potential. Key amenities include private one-car garages for each unit and a central location near major employment hubs. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing property in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1901 Hauser 3 Subject | $949,000* List Price | 0 | 0 | 1,882 | $440 | - |
A 5637 Smiley Drive Sold | $859,000 | 0 | 0 | 2,313 | $371 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1947, but two of the three units have undergone recent renovations including new flooring, paint, updated kitchens, and new wall heaters. While the bathrooms in photos show some dated tiling and vanities, the overall property is well-maintained and move-in ready for the vacant units.
Two of the three units are newly renovated and delivered vacant, allowing for immediate owner-occupancy or the ability to command top-of-market rents without initial capital expenditure.
Each unit includes its own private one-car garage, a rare and highly sought-after amenity in the Mid-City area that significantly enhances tenant appeal and property value.
The property is ideally situated with easy access to major employment hubs like Culver City, Beverly Hills, and Downtown LA, ensuring consistently high rental demand.
The building consists exclusively of 1-bedroom, 1-bathroom units, which may limit the tenant pool to individuals or couples and exclude families seeking more space.
With one unit currently occupied, the buyer is subject to existing lease terms and rent control, which may delay the ability to achieve full market-rate potential for the entire asset.
Mid-City Los Angeles triplex offering strong income potential and a prime central location. Property includes three 1-bedroom, 1-bath units, with two renovated units delivered vacant—ideal for immediate occupancy or leasing at current market rents. Renovations include new flooring, fresh paint, updated kitchens, remodeled bathrooms, and new wall heaters. The third unit is tenant-occupied, providing immediate income. Each unit includes a private one-car garage,—a rare amenity in the area. Centrally located with easy access to Culver City, West Adams, Miracle Mile, Beverly Hills, Downtown LA, USC, Metro transit, major freeways, shopping, dining, and employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking a flexible, income-producing property with upside in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,882 | 2,187.451 |
| Lot Size | 6,078 | 5,841.385 |
| Price | $949.0K | $841.5K |
| Price per sq ft | $504 | $385 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 47 | 85 |
Jul 24, 2026
$949,000
Initial Listing