3817 Drysdale, Los Angeles, California 90032, Los Angeles, 90032 - 0 bed, 0 bath
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Los Angeles, California 90032
This 1925 Triplex represents a Prime Investment Opportunity with a List Price of $829,000—positioned well below the $993,877 Fair Market Value by 16%. This valuation gap provides $164,877 in Instant Equity for buyers. While maintaining a Fair Condition Rating with a 2022 roof and exterior paint, the dated interiors offer significant value-add potential through modernization. Featuring ample rear parking and alley access in the high-demand El Sereno area, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3817 Drysdale Subject | $829,000* List Price | 0 | 0 | 1,992 | $499 | - |
A 3556 El Sereno Avenue Sold | $630,000 | 0 | 0 | 1,360 | $463 | 0.2 mi |
B 5141 Oakland Pending | $860,000 List Price | 4 | 3 | 1,764 | $488 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1925 triplex is aged but has been maintained with essential updates, including a new roof and exterior paint in 2022. While the exterior appears functional, the lack of interior photos, the use of window AC units, and the general aesthetic of the grounds suggest that the kitchens, bathrooms, and internal systems are likely dated and would require minor updates or repairs to meet modern standards. It fits the 'fair' criteria as an older property with regular upkeep but no evidence of a full interior renovation.
The property underwent significant maintenance in 2022, including a full roof replacement for all three units and fresh exterior paint, reducing immediate capital expenditure for the buyer.
This triplex configuration in the desirable El Sereno area provides a versatile income-generating opportunity with a mix of unit sizes and a large lot for potential future value-add.
Unlike many older Los Angeles properties, this site offers ample rear parking with convenient alley access, a highly sought-after feature for tenants that increases rental desirability.
Built in 1925, the property may possess aging internal systems such as plumbing and electrical that could require modernization despite the recent exterior upgrades.
With a total of 1,992 square feet distributed across three units, the average living space per unit is relatively compact, which may limit the potential for high-end rental premiums.
Charming Triplex in a desirable area of Los Angeles. Front unit features 2bed/1bath with front gardening area in the front yard. The other two units are 1 bed/2 bath each with plenty of grass area with bushes and trees. Roof was replaced in all three units and exterior paint in 2022. Plenty of rear parking spaces with alley access. Great investment! Conveniently located minutes away from major freeways and shopping. Don't miss out on this incredible investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 1,992 | 1,615 | 83% |
| Lot Size | 7,124 | 6,715 | 50% |
| Price | $829.0K | $722.5K | 83% |
| Price per sq ft | $416 | $421 | 50% |
| Built year | 1925 | 1928 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 193 | 17% |
Mar 26, 2026
$829,000
Initial Listing
Jul 2, 1999
$165,000
Public Record