2500 Trinity Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE UNDER CONTRACT$775,000
2500 Trinity Street, Los Angeles, California 90011
0Bed
0Bath
3,368Sqft
7,504Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: A 5-unit multifamily property offers diversified income streams, making it an attractive asset for real estate investors seeking stability and growth.
Top Cons:
Advanced Age & Potential System Upgrades: Built in 1912, the property, despite being well-maintained, likely has original or older major systems (e.g., plumbing, electrical) that may require significant capital investment for modernization or replacement in the future.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1912 (113 years old).
Condition: Built in 1912, this property is over a century old. While the description states it is 'well-maintained' with 'some upgrades and proactive maintenance,' and occupied by 'long-term, reliable tenants,' indicating it is livable, the age suggests that major systems (plumbing, electrical) are likely older and not within their expected lifespan for a 'Good' rating. The AI analysis confirms 'Advanced Age & Potential System Upgrades' and 'Limited Modern Amenities,' implying that kitchens and bathrooms, though clean, are likely dated in style and features. This aligns with the 'Fair' criteria: 'aged but maintained through regular upkeep and occasional updates. Major components are functional but show signs of being outdated.' It does not meet the criteria for 'Good' due to the probable age of major systems and lack of extensive recent renovation, nor 'Poor' as it is explicitly stated to be well-maintained and occupied.
Year Built
1912
Close
-
List price
$775K
Original List price
$799K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
DW25165286
Home ConditionFair
Features
View-
About this home
Charming 5-Unit Property Minutes from Downtown LA – Well-Maintained with Strong Tenants Welcome to this exceptional 5-unit multifamily property located just minutes away from the heart of Downtown Los Angeles. Perfectly positioned for investors or owner-users, this good asset features a well-maintained exterior and interior, offering a blend of stability and potential in one of LA’s most dynamic neighborhoods. Each unit is spacious, clean, and consistently well maintained , with long-term, reliable tenants in place—providing solid, steady income from day one. The building boasts pride of ownership, with some upgrades and proactive maintenance ensuring minimal deferred costs. Enjoy easy access to freeways, public transit, and all the entertainment, culture, and job centers that DTLA has to offer, while still benefiting from a good, residential street atmosphere.
Nearby schools
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.3mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.4mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.6mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.7mi
/10
Maple Primary Center
Public,•K-1•0.7mi
3/10
Trinity Street Elementary School
Public,•K-5•0.9mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.0mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.0mi
2/10
Harmony Elementary School
Public,•K-5•1.1mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.2mi
4/10
Norwood Street Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.5mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.7mi
2/10
John W. Mack Elementary School
Public,•K-5•1.8mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.9mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•2.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.3mi
4/10
John Adams Middle School
Public,•6-8•0.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.9mi
3/10
George Washington Carver Middle School
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•3.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•3.1mi
5/10
Santee Education Complex
Public,•9-12•0.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
4/10
West Adams Preparatory High School
Public,•9-12•1.9mi
3/10
Manual Arts Senior High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
09/03/04
Sold
$420,000
04/30/03
Sold
$45,000
Condition Rating
Fair
Built in 1912, this property is over a century old. While the description states it is 'well-maintained' with 'some upgrades and proactive maintenance,' and occupied by 'long-term, reliable tenants,' indicating it is livable, the age suggests that major systems (plumbing, electrical) are likely older and not within their expected lifespan for a 'Good' rating. The AI analysis confirms 'Advanced Age & Potential System Upgrades' and 'Limited Modern Amenities,' implying that kitchens and bathrooms, though clean, are likely dated in style and features. This aligns with the 'Fair' criteria: 'aged but maintained through regular upkeep and occasional updates. Major components are functional but show signs of being outdated.' It does not meet the criteria for 'Good' due to the probable age of major systems and lack of extensive recent renovation, nor 'Poor' as it is explicitly stated to be well-maintained and occupied.
Pros & Cons
Pros
Strong Investment Potential: A 5-unit multifamily property offers diversified income streams, making it an attractive asset for real estate investors seeking stability and growth.
Immediate & Stable Income: The presence of long-term, reliable tenants ensures solid, steady income from day one, minimizing vacancy risk and providing immediate cash flow for the buyer.
Prime Urban Location: Located just minutes from Downtown Los Angeles, the property boasts easy access to freeways, public transit, and the vibrant entertainment, culture, and job centers of DTLA.
Well-Maintained Condition: The property exhibits pride of ownership with a well-maintained exterior and interior, consistently clean units, and proactive maintenance, suggesting minimal immediate deferred costs.
Desirable Residential Atmosphere: Despite its proximity to the urban core, the property benefits from a 'good, residential street atmosphere,' offering a balanced and appealing living environment for tenants.
Cons
Advanced Age & Potential System Upgrades: Built in 1912, the property, despite being well-maintained, likely has original or older major systems (e.g., plumbing, electrical) that may require significant capital investment for modernization or replacement in the future.
Rent Control Exposure: As an older multifamily property in Los Angeles, it is highly probable that the units are subject to rent control ordinances, which can limit rental income growth and tenant management flexibility for investors.
Limited Modern Amenities: While clean and maintained, the description lacks details on modern amenities (e.g., central air conditioning, in-unit laundry, fully updated kitchens/baths across all units) that could command higher rents or attract a broader tenant pool without further investment.