
Los Angeles, California 90023
This triplex presents a Strong Value Opportunity with a List Price of $899,000—positioned well below the $961,614 Fair Market Value by 6%. This valuation gap offers $62,614 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property requires comprehensive interior modernization, yet its gated lot and ample parking provide a competitive edge. This is a high-potential Buy-and-Hold Asset ideal for Value-Add Investors or Owner-Occupants seeking to offset housing costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3507 Sabina Subject | $899,000* List Price | 0 | 0 | 2,812 | $342 | - |
A 3752 E 6th Sold | $845,000 | 0 | 0 | 2,624 | $322 | 0.4 mi |
B 650 S Indiana St Sold | $780,000 | 0 | 0 | 2,035 | $383 | 0.3 mi |
C 3078 E 6th Street Sold | $850,000 | 0 | 0 | 2,279 | $373 | 0.4 mi |
D 3507 Sabina Pending | $899,000 List Price | 0 | 0 | 2,812 | $320 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 with mostly original 'vintage' features. The kitchen and bathrooms are significantly dated and exceed the 30-year threshold for modern functionality. Interior images reveal significant wear, including damaged flooring and exposed wiring in living areas, indicating the property requires a comprehensive rehab rather than minor cosmetic updates.
As a triplex with three separate units, this property offers excellent flexibility for investors seeking steady cash flow or owner-users looking to offset their mortgage through rental income.
The gated lot features a long driveway, multiple parking spaces, and covered parking, providing a significant competitive advantage in the high-density Boyle Heights area.
Featuring original hardwood flooring and vintage tile, the units provide a charming foundation for strategic renovations to increase the property's long-term market value.
The presence of vintage tile and original 1961 features suggests that the property may require significant cosmetic and functional updates to achieve top-of-market rental rates.
Given the age of the structure and the 'value-add' positioning, buyers should anticipate capital expenditures for modernizing older systems and general property upkeep.
Charming triplex offering strong income potential and long-term upside in Boyle Heights. The property consists of three separate units, each with its own entrance and functional layout, ideal for investors or owner-users seeking rental income. Units feature a blend of original character and practical living spaces, including hardwood flooring, vintage tile bathrooms, built-in cabinetry, and generous natural light. Kitchens provide ample storage and counter space, with open connections to dining and living areas in select units. Bedrooms are well-sized, and floor plans offer flexibility for future improvements. The property is situated on a gated lot with a long driveway, multiple parking spaces, and covered parking. Additional features include a front garden area, rear yard space, and on-site storage. Conveniently located near major transportation routes, shopping, dining, and employment centers. A solid opportunity for investors seeking steady income with value-add potential, or an owner-occupant looking to offset housing costs with rental income. Do not miss the chance to tour this home while it's available!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,812 | 2,250 |
| Lot Size | 6,025 | 5,864 |
| Price | $899.0K | $826.7K |
| Price per sq ft | $320 | $395 |
| Built year | 1961 | 1925 |
| HOA | $0 | $0 |
| Days on market | 35 | 83 |
Jun 17, 2026
$899,000
Initial Listing