
Los Angeles, California 90062
This Spanish-Style Triplex represents a stabilized income asset listed at $1,099,999, positioned accurately at its $1,099,999 Fair Market Value. Featuring a Condition Rating of 2, the 3,577 sqft property boasts extensive modernizations including Quartz Kitchens, updated plumbing, and new electrical systems. Investors benefit from Separate Utilities and significant value-add upside via ADU Potential and the ability to add bedrooms to the top-floor unit. This versatile property is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey, high-density rental.
Property is new construction or fully renovated.
Despite being built in 1922, the property has undergone extensive recent renovations that meet modern quality standards. The units feature fully updated kitchens with quartz countertops, soft-close cabinetry, and stainless steel appliances. Interior upgrades include new flooring, paint, and modern bathrooms, while major system improvements such as new plumbing, electrical, and newer water heaters ensure the property is in top-tier, move-in-ready condition.
This triplex offers immediate rental income with significant value-add upside through ADU potential and the ability to add two additional bedrooms to the top-floor unit.
Key units feature extensive updates including new plumbing, electrical, and remodeled kitchens with quartz countertops and soft-close cabinetry, reducing immediate capital expenditure.
The property is conveniently equipped with three separate electric and gas meters, simplifying utility management and significantly reducing owner overhead costs.
Being a century-old structure built in 1922, the property may require ongoing specialized maintenance for its vintage systems and lath-and-plaster construction despite recent interior updates.
The presence of only one water meter for all units means the owner must either absorb the water costs or implement a complex billing system, which can impact net operating income.
Adding an ADU to the 5,722 sqft lot may significantly crowd the parcel, potentially compromising tenant privacy and complicating parking maneuverability.
Spanish Style Triplex with Immediate Rental Income & ADU Potential! This stunning 6-bedroom, 4-bath Spanish-style triplex offers 3,577 sqft of living space on a 5,722 sqft lot with rear parking and assigned spaces for each unit, including 2 garage spaces for one unit. Perfect for investors or an owner-occupant, each unit features newer water heaters double-strapped for safety, smoke and carbon monoxide alarms, and separate utilities with 3 electric meters, 3 gas meters, and 1 water meter. Unit 4220 is updated with new plumbing, electrical, drywall, flooring, paint, and bathroom, while 4218 offers an updated kitchen with quartz countertops and soft-close cabinets. Unit 4220 1/2 occupies the entire top floor, has an updated kitchen with quartz countertops and has potential to add 2 additional bedrooms. With ADU potential, this property provides flexibility for rental income, extended family living, or future expansion. Don’t miss this rare opportunity to own a versatile, income-producing property in a highly desirable location.
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 | 3,577 | 2,484 | 91% |
| Lot Size | 5,722 | 5,699 | 50% |
| Price | $1.10M | $904.9K | 73% |
| Price per sq ft | $308 | $361 | 32% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 225 | 9% |
Mar 8, 2026
$1,099,999
$1,150,000
-4% Price Drop
Initial Listing
Feb 18, 2026
$1,150,000
$1,200,000
-4% Price Drop
Initial Listing
Feb 3, 2026
$1,200,000
Initial Listing