
Los Angeles, California 90018
This Fully Renovated Income-Producing Triplex is listed at $1,300,000, representing a stable acquisition aligned with its $1,258,427 Fair Market Value. Boasting a Mint Condition Rating, the property has undergone a complete modern transformation including new plumbing, electrical systems, and central air conditioning. With a versatile unit mix and modern open-concept layouts, the asset is perfectly positioned for high-demand rental strategies near USC. Featuring a gated entry and private patio, this turnkey property is an ideal match for Buy-and-Hold Investors or Owner-Occupants looking for a high-performing house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3922 W 28th Subject | $1,300,000* List Price | 0 | 0 | 2,416 | $521 | - |
A 3015 Edgehill Drive Sold | $1,219,250 | 0 | 0 | 2,960 | $412 | 0.3 mi |
B 3001 Obama Blvd Sold | $1,160,000 | 0 | 0 | 2,402 | $483 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a full modern renovation within the last 5 years. It features updated kitchens with quartz countertops and stainless steel appliances, new flooring, and modern fixtures. Crucially, the systems have been replaced, including new plumbing, electrical, and central air conditioning, meeting the criteria for mint condition with no immediate maintenance required.
The property has been completely updated with new plumbing, electrical systems, and central air conditioning across all three units, minimizing immediate capital expenditure for a new owner.
With a diverse unit mix (3BR/2BA, 2BR/2BA, and 1BR/1BA), the property is perfectly positioned for high-yield strategies such as USC student housing, traveling nurse rentals, or short-term stays.
The inclusion of an open-concept layout in the front home, gated entry, and ample on-site parking provides a competitive edge in the Mid-Los Angeles rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2416, other record living area = 800.
The majority of the assigned public schools carry low ratings (2/10), which may deter long-term family tenants and impact future resale value to owner-occupants.
Built in 1922 on a 5,397 sqft lot, the presence of three separate units may result in limited private outdoor space and a high-density feel for the residents.
Opportunity is knocking! Don’t miss this beautiful income-producing triplex located in an up-and-coming neighborhood. This is a rare chance to own a fully renovated triplex with excellent investment potential. The front home features 3 bedrooms and 2 bathrooms, thoughtfully upgraded with a modern open-concept layout. The second unit offers 1 bedroom and 1 bathroom with a spacious living area, while the third unit includes 2 bedrooms and 2 bathrooms. All three units have been renovated with new plumbing fixtures, electric fixtures, and central air conditioning, providing comfort and peace of mind for both owner and tenants. This property is ideal for generating income through platforms like Airbnb, housing traveling nurses, or renting to nearby USC students. Additional highlights include ample parking, a gated entry, and move-in-ready condition. A versatile and high-performing investment opportunity you won’t want to miss!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
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 | 2,416 | 2,498 | 47% |
| Lot Size | 5,397 | 6,363 | 18% |
| Price | $1.30M | $937.5K | 82% |
| Price per sq ft | $538 | $425 | 76% |
| Built year | 1922 | 1923 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 214 | 6% |
Apr 28, 2026
$1,300,000
Initial Listing
Mar 31, 2022
$1,060,000
Public Record
Sep 29, 1997
$106,000
Public Record