3422 Holyoke, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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Los Angeles, California 90065
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,450,000—positioned above the $1,366,584 Fair Market Value. While not a discount buy, the property features a Good Condition Rating with significant 2022 capital improvements, including a new roof and mini-split HVAC systems. The expansive 9,003 sqft lot offers substantial ADU Development Potential, providing a clear path to forced appreciation. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in the Glassell Park market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3422 Holyoke Subject | $1,450,000* List Price | 0 | 0 | 2,318 | $590 | - |
A 2973 W Avenue 33 Sold | $1,100,000 | 5 | 3 | 2,144 | $513 | 0.6 mi |
B 2468 W Avenue 32 Active | $1,350,000 List Price | 0 | 0 | 2,430 | $556 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1924 triplex with a split condition profile. Two units are in excellent condition following a 2019-2022 renovation featuring quartz countertops, stainless appliances, and LVP flooring. Major systems are updated with a new roof and mini-split HVAC units (2022). However, the third unit is described as having 'lots of potential' and appears dated in photos, which brings the overall property rating to Good rather than Excellent.
The expansive 9,003 sqft lot provides a significant value-add opportunity with the potential to construct a 4th unit ADU, maximizing the property's density and future rental income.
The front duplex features substantial 2022 upgrades, including a new roof, energy-efficient mini-split HVAC systems, and modern interior finishes like quartz countertops and LVP flooring.
As a triplex with varying unit configurations (2/1, 1/1, and 2-3/2), the property offers flexibility for an owner-user or an investor looking to capture diverse segments of the Glassell Park rental market.
While the front units are modernized, the top unit is described as having 'lots of potential,' suggesting it requires additional capital investment to match the quality and rent ceiling of the renovated units.
Built in 1924, the property may possess aging primary systems typical of century-old structures, which could lead to higher long-term maintenance costs compared to newer builds.
Welcome to 3422 Holyoke Dr, a tremendous 3 unit property conveniently located nearby Glassell Community park and the freeway. The property consists of an updated front duplex with a new roof (2022), featuring a 2 bedroom 1 bath unit in the front with a private patio, and a 1 bedroom 1 bath in the rear. Both units have been upgraded with newer mini split unit air conditioners (2022), dual pane windows, stainless steel appliances, quartz counter tops and LVP flooring (2019). The top unit is a 2-3 Bedroom 2 bath home with a front porch, hardwood floors, and lots of potential! The HUGE 9003 sqft lot features an expansive 4 car driveway as well potential to build a 4th unit adu 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 | 2,318 | 1,643 | 70% |
| Lot Size | 9,003 | 6,439 | 80% |
| Price | $1.45M | $920.0K | 90% |
| Price per sq ft | $626 | $572 | 70% |
| Built year | 1924 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 173 | 10% |
May 19, 2026
$1,450,000
Initial Listing
May 16, 2022
$1,300,000
Public Record
Aug 1, 2019
$830,000
Public Record
Dec 30, 2011
$469,000
Public Record