
Los Angeles, California 90061
This Residential Income Triplex represents a strategic acquisition for the Los Angeles rental market. With a List Price of $699,900, the property is positioned relative to a $543,350 Fair Market Value, reflecting a premium for its high-density configuration. Holding a Condition Rating of 5, the 1950s infrastructure shows significant deferred maintenance, offering a path for forced appreciation through rehabilitation. The layout, featuring a detached 3-bedroom house and a rear duplex, provides multiple revenue streams in a high-demand area. This is an ideal project for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 W Imperial Subject | $699,900* List Price | 0 | 0 | 2,275 | $239 | - |
A 418 E 120th Street Sold | $707,000 | 8 | 4 | 2,220 | $318 | 0.8 mi |
B 418 420 E 120th Street Sold | $707,000 | 0 | 0 | 2,220 | $318 | 0.8 mi |
C 11714 Avalon Boulevard Sold | $750,000 | 0 | 0 | 2,495 | $301 | 0.7 mi |
D 211 E 119th Street Sold | $770,000 | 0 | 0 | 1,984 | $388 | 0.5 mi |
E 315 E 118th Pending | $785,000 List Price | 0 | 0 | 2,183 | $360 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with no evidence of recent renovations, this property shows significant deferred maintenance. Exterior images reveal peeling and stained stucco, heavily cracked and uneven concrete driveways, and aged window units. The absence of interior photos, combined with the visible exterior deterioration and the property's age, indicates that major systems and interior finishes likely require substantial rehabilitation to meet modern safety and comfort standards.
The property features three separate units, including a detached 3-bedroom front house and a rear duplex, providing multiple streams of rental income or an ideal house-hacking opportunity.
The front unit is a detached 3-bedroom, 2-bathroom house, offering the privacy and appeal of a single-family home which typically commands higher rent and attracts stable, long-term tenants.
Listed at under $700,000 for a triplex in the Los Angeles market, this property represents a strong value proposition for investors seeking a high unit count at a lower capital entry point.
Built in 1950, the property may require significant capital expenditures for modernizing essential systems such as plumbing, electrical, and roofing to ensure long-term viability.
With three units situated on a 5,098 square foot lot, there is minimal private yard space or common areas for tenants, which may limit the property's appeal to families.
. THIS IS A 3 UNITS PROPERTY, A 3 BEDROOMS , 2 BATHS DETACHED HOUSE IN FRONT AND 1BEDROOM, I BATHROM EACH TWO STORY DUPLEX IN THE BACK..
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,275 | 2,220 | 60% |
| Lot Size | 5,098 | 5,793.5 | 10% |
| Price | $699.9K | $750.0K | 20% |
| Price per sq ft | $308 | $318 | 40% |
| Built year | 1950 | 1936 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 210 | 10% |
Apr 7, 2026
$699,900
Initial Listing