428 W 69th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$869,900
428 W 69th Street, Los Angeles, California 90003
0Bed
0Bath
2,334Sqft
5,040Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Triplex: This property is a prime triplex, offering three distinct units (3B/1B, 2B/1B, 1B/1B), making it an excellent investment for rental income or an owner-occupant looking to offset mortgage costs.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-01-10. The sold price is $865,000.00.
Compared to the nearby listings
Price:$869.9K vs avg $750.0K (+$119,900)69%
Size:2,334 sqft vs avg 1,902.5 sqft76%
Price/sqft:$373 vs avg $37150%
More Insights
Built in 1930 (95 years old).
Condition: Despite being built in 1930, the listing explicitly states the property is 'recently renovated' and in 'great condition,' suggesting it is move-in ready with no immediate renovations required. The exterior images show a well-maintained facade. However, without interior photos, particularly of the kitchens and bathrooms, a full assessment of their style, features, and specific appliance/fixture conditions is not possible. The age of the property (1930) also suggests potential for underlying infrastructure issues, even with recent renovations, which prevents an 'Excellent' rating. The 'recently renovated' claim aligns best with the 'Good' category's criteria of being extensively renovated within 5 to 15 years and having well-maintained, functional systems.
Year Built
1930
Close
-
List price
$870K
Original List price
$880K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
DW25234252
Home ConditionGood
Features
View-
About this home
Prime Triplex with 3 bedroom 1 bath unit, 2 bedroom 1 bath unit & 1 bedroom 1 bath unit in great condition, recently renovated, long driveway for many cars, 3 garages for 1 car each, Perfect for OWNER OCCUPIED 3 bedroom unit.
Price History
Date
Event
Price
01/10/25
Sold
$865,000
04/29/22
Sold
$380,500
Condition Rating
Good
Despite being built in 1930, the listing explicitly states the property is 'recently renovated' and in 'great condition,' suggesting it is move-in ready with no immediate renovations required. The exterior images show a well-maintained facade. However, without interior photos, particularly of the kitchens and bathrooms, a full assessment of their style, features, and specific appliance/fixture conditions is not possible. The age of the property (1930) also suggests potential for underlying infrastructure issues, even with recent renovations, which prevents an 'Excellent' rating. The 'recently renovated' claim aligns best with the 'Good' category's criteria of being extensively renovated within 5 to 15 years and having well-maintained, functional systems.
Pros & Cons
Pros
Income-Generating Triplex: This property is a prime triplex, offering three distinct units (3B/1B, 2B/1B, 1B/1B), making it an excellent investment for rental income or an owner-occupant looking to offset mortgage costs.
Recently Renovated: The units are described as being in 'great condition' and 'recently renovated,' which minimizes immediate capital expenditure for a new owner and makes the property move-in or rent-ready.
Ample Parking: A long driveway capable of accommodating many cars, coupled with three individual 1-car garages, provides highly valuable and sought-after parking solutions in the Los Angeles market.
Diverse Unit Mix: The variety of unit sizes (1-bedroom, 2-bedroom, 3-bedroom) allows for attracting a broader range of tenants and potentially optimizing rental income.
Owner-Occupant Potential: Explicitly highlighted as 'Perfect for OWNER OCCUPIED 3 bedroom unit,' this feature appeals to buyers seeking to live in one unit while generating income from the others.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-01-10. The sold price is $865,000.00.
Age of Property: Built in 1930, the property's age, despite recent renovations, may imply potential for underlying infrastructure issues (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades.
Bathroom Count Per Unit: Each unit, including the 3-bedroom unit, features only one bathroom, which might be considered less desirable by modern standards and could limit appeal to certain tenant demographics or owner-occupants.
Recent Price Reduction: The property has undergone a recent price reduction from $879,999 to $869,900, which could indicate market resistance or that the initial pricing was perceived as too high.