437 Park Front, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Value-Add Triplex Asset is listed at $650,000, positioned relative to a $535,282 Fair Market Value. Located directly across from the South Park recreation center, the property offers a desirable Park/Greenbelt View and a versatile unit mix featuring a three-bedroom main residence. With a Condition Rating of 5, the property requires significant TLC, providing a clear path for forced appreciation through comprehensive renovation. This acquisition is a strategic opportunity to stabilize a multi-unit property in a high-demand area, ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 437 Park Front Subject | $650,000* List Price | 0 | 0 | 2,528 | $212 | - |
A 5123 S San Pedro St Sold | $775,000 | 0 | 0 | 2,517 | $308 | 0.2 mi |
B 146 E 45th Street Sold | $520,000 | 0 | 0 | 2,724 | $191 | 0.4 mi |
C 146 E 45th Street Sold | $520,000 | 4 | 3 | 2,724 | $191 | 0.4 mi |
D 1212 E 54th Street Sold | $649,000 | 0 | 0 | 2,496 | $260 | 0.9 mi |
E 632 E 45th Active | $719,000 List Price | 7 | 3 | 2,322 | $310 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this triplex is explicitly described as needing 'TLC' and represents a renovation opportunity to increase value. The 'drive-by only' restriction and lack of interior images, combined with the property's age and the agent's call for rehabilitation, indicate significant deferred maintenance and outdated kitchens, bathrooms, and major systems.
Situated directly across from the South Park recreation center, the property offers desirable greenbelt views and immediate access to recreational amenities, significantly boosting tenant appeal and long-term value.
The property is a prime candidate for renovation, allowing investors to address deferred maintenance and modernize units to capture higher market rents and force equity appreciation.
Featuring a large three-bedroom, two-bathroom main unit alongside two one-bedroom units, the triplex offers a diverse configuration that caters to different tenant demographics.
The property is noted to be in need of repairs and updates, which will require a substantial upfront capital investment for any buyer looking to stabilize the asset.
The 'drive-by only' restriction and presence of existing tenants complicate the due diligence process, making it difficult to fully assess the interior condition and structural integrity before purchase.
This triplex presents a unique investment opportunity located directly across from the South Park recreation center, offering both convenience and potential for enhanced value for tenants who value recreational amenities. The property consists of three units, one spacious three-bedroom two-bathroom, along with two one bedroom units, all currently rented out. While the triplex is in need of TLC this presents a prime opportunity for investors or homeowners to renovate and increase the property's value. Property does come with tenants in place. Drive by only Please DO NOT DISTURB TENANTS
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 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 | 2,528 | 2,040.5 | 75% |
| Lot Size | 5,080 | 5,261 | 41% |
| Price | $650.0K | $735.0K | 38% |
| Price per sq ft | $257 | $364 | 19% |
| Built year | 1922 | 1913 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 209 | 16% |
Jan 19, 2026
$650,000
Initial Listing
Mar 7, 2011
$235,000
Public Record
Oct 4, 2005
$382,000
Public Record