2511 Exposition, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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Los Angeles, California 90018
This Value-Add Triplex Asset represents a Prime Investment Opportunity listed at $909,000—positioned well below the $939,649 Fair Market Value by 3%. This valuation gap offers $30,649 in Instant Equity for buyers. While currently maintaining a Fair Condition Rating, the property’s 1955 vintage structure provides a significant canvas for forced appreciation through interior modernization. With two units delivered vacant in a high-demand central Los Angeles corridor, the asset is perfectly positioned for immediate rental optimization. This is a high-utility acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2511 Exposition Subject | $909,000* List Price | 0 | 0 | 1,800 | $522 | - |
A 3553 Cimarron Street Sold | $951,000 | 0 | 0 | 2,068 | $460 | 0.5 mi |
B 3705 4th Avenue Sold | $710,000 | 0 | 0 | 1,176 | $604 | 0.1 mi |
C 3443 3445 9th Avenue Active | $729,000 List Price | 0 | 0 | 1,825 | $399 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this triplex is marketed as an investment opportunity with 'tons of potential,' which typically indicates a lack of recent renovations. While the property is occupied and functional, the vintage condition, dated kitchen and bathroom fixtures, and the likelihood of deferred maintenance mentioned in the property analysis align with the 'fair' criteria for a home that is aged but maintained through regular upkeep.
As a triplex in a high-demand Los Angeles rental market, this property offers a versatile opportunity for multi-family investors or first-time buyers looking to offset their mortgage through house-hacking.
Situated in the 90018 zip code, the property boasts a 'heart of the city' location with excellent proximity to urban amenities, transit, and major employment hubs, ensuring long-term appreciation.
The listing indicates that some units can be delivered vacant at closing, providing a rare advantage for owner-occupants or investors wishing to immediately set market-rate rents.
Built in 1955 and marketed as having 'tons of potential,' the property likely requires significant capital expenditures for modern upgrades and deferred maintenance to reach its full value.
The property is currently occupied, which necessitates navigating Los Angeles rent stabilization ordinances and tenant rights, potentially complicating the transition for the new owner.
WHOA! Two units can be delivered vacant! All units are 1 bedroom/1bath. Amazing investment opportunity for multi family investors or first time home buyers! Triplex in the heart of the city with tons of potential. What a gold mine! This wont last! Don't miss this rare investment opportunity.
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 | 1,800 | 2,508 | 25% |
| Lot Size | 4,529 | 6,277.5 | 6% |
| Price | $909.0K | $930.0K | 50% |
| Price per sq ft | $505 | $425 | 75% |
| Built year | 1955 | 1924 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 220 | 13% |
Jan 29, 2026
$909,000
Initial Listing
Dec 22, 2016
$518,000
Public Record
Oct 20, 2008
$310,000
Public Record