
Los Angeles, California 90062
This Spanish-style Triplex represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned slightly above the $1,002,743 Fair Market Value. Despite the premium, the property features a Condition Rating of 3 with significant modernizations, including updated electrical, plumbing, and quartz-finished kitchens. With ADU potential and the ability to add two bedrooms to the top-floor unit, this asset offers clear paths to increased rental yield. This is a stable, income-producing acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4218 S Harvard Subject 0 bd · 0 ba · 3,577 sqft · $280 | $1,050,000* List Price | 0 | 0 | 3,577 | $280 | - |
A 1919 W 54th Sold 0 bd · 0 ba · 3,691 sqft · $249 · 1.0 mi | $920,000 | 0 | 0 | 3,691 | $249 | 1.0 mi |
B 1919 W 54th Sold 8 bd · 4 ba · 3,691 sqft · $249 · 1.0 mi | $920,000 | 8 | 4 | 3,691 | $249 | 1.0 mi |
C 1614 W 39th Place Active Under Contract 0 bd · 0 ba · 3,296 sqft · $349 · 0.5 mi | $1,149,000 List Price | 0 | 0 | 3,296 | $349 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1922 build date, the property has undergone significant recent renovations. Unit 4220 features new plumbing, electrical, and a modern bathroom, while other units have updated kitchens with quartz countertops. With newer water heaters and updated systems, the triplex is well-maintained and move-in ready.
This Spanish-style triplex offers immediate rental income with separate gas and electric meters, plus significant ADU potential for future expansion on the 5,722 sqft lot.
The property features significant upgrades including new plumbing, electrical, and drywall in one unit, along with updated kitchens featuring quartz countertops and soft-close cabinets across the building.
The top-floor unit occupies the entire level and offers the specific potential to add two additional bedrooms, providing a clear path to increasing the property's total rental yield.
Originally built in 1922, this century-old structure may require ongoing specialized maintenance for its Spanish-style architectural elements despite recent interior renovations.
While gas and electricity are sub-metered, the property relies on a single water meter, which can complicate utility billing and expense management for the owner.
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 |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,577 | 2,090.331 |
| Lot Size | 5,722 | 5,852.908 |
| Price | $1.05M | $830.9K |
| Price per sq ft | $294 | $394 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 23 | 87 |
Oct 17, 2026
$1,050,000
Initial Listing