2326 Elmgrove, Los Angeles, California 90031, Los Angeles, 90031 - 7 bed, 4 bath
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Los Angeles, California 90031
Analysis of 2326 Elmgrove, Los Angeles, California 90031 is currently available with a list price of $1,199,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1928, this triplex is move-in ready and features significant interior updates across the units. The photos show modern laminate flooring, recessed lighting, and renovated kitchens with a mix of white shaker and oak cabinetry paired with updated countertops. Bathrooms have been modernized with newer vanities and fixtures, and the inclusion of mini-split HVAC systems indicates well-maintained and updated major components.
The property features three detached homes on a single lot, providing a unique income-generating opportunity with enhanced privacy for tenants and no shared walls.
Situated in the heart of Elysian Valley, the property is steps from the LA River bike path and benefits from the ongoing neighborhood revitalization and high rental demand.
Each unit is separately metered for gas and electricity, which significantly reduces owner operating expenses and simplifies utility management for the landlord.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Built in 1928, the structures may require significant ongoing maintenance or capital investments to modernize aging systems and ensure long-term structural integrity.
With only 1,873 total square feet divided among three separate units, the individual living spaces are relatively compact, which may limit appeal for tenants seeking larger rooms.
Three detached homes on one lot in the heart of Frogtown (Elysian Valley) make this a rare and exceptional income-generating opportunity. Situated just steps from the scenic LA River bike path and amid the ongoing LA River revitalization, this property offers both lifestyle and long-term upside. The two front units each feature 2 bedrooms and 1 bathroom, while the rear unit offers a spacious 3 bedrooms and 2 bathrooms. Each unit is separately metered for gas and electricity. Located in a highly desirable neighborhood with convenient freeway access and nearby transportation, this unique triplex is an opportunity you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 96% |
| Baths | 4.0 | 2.0 | 88% |
| Square foot | 1,873 | 1,431.5 | 73% |
| Lot Size | 5,099 | 4,967.5 | 58% |
| Price | $1.20M | $969.5K | 65% |
| Price per sq ft | $641 | $703 | 35% |
| Built year | 1928 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 166 | 23% |
Feb 9, 2026
$1,199,999
Initial Listing