
Los Angeles, California 90032
This triplex presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned well below the $1,242,262 Fair Market Value by 19%. This valuation gap offers $242,263 in Instant Equity. Featuring a Condition Rating of 2 with a fully remodeled main residence, this asset provides immediate rental flexibility. With a view of the surrounding hills and a private deck, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to maximize rental yield in a high-demand metropolitan location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5043 Borland Rd Subject 0 bd · 0 ba · 2,496 sqft · $498 | $999,999* List Price | 0 | 0 | 2,496 | $498 | - |
A 2057 N Eastern Active Under Contract 0 bd · 0 ba · 2,142 sqft · $444 · 0.4 mi | $949,999 List Price | 0 | 0 | 2,142 | $444 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1926, the property features a complete modern renovation within the last 5 years. Interior images show mint condition finishes including new laminate flooring, recessed lighting, updated shaker-style kitchen cabinetry with stone countertops, and a fully remodeled bathroom with contemporary tile surrounds.
The property features a mix of vacant and occupied units, allowing an investor to immediately reposition the asset and establish market-rate tenancies to maximize rental yield.
The primary 3-bedroom unit has been completely remodeled, offering a modern living space that is ideal for an owner-user or for attracting premium rental rates without additional upfront capital.
Located in the high-demand El Sereno area near Cal State LA and major freeways, the property is perfectly positioned to capture a consistent pool of student and professional renters.
Built in 1926, the property may require ongoing maintenance or costly upgrades to aging systems such as plumbing and electrical that are typical for a structure of this vintage.
With only one bathroom per unit—including the larger three-bedroom residence—the layout may be less competitive for families or co-living tenants who prioritize modern convenience.
Prime multifamily investment opportunity in Los Angeles! This well-positioned TRIPLEX features a completely remodeled 3-bed, 1-bath main residence, plus two additional 2-bedroom, 1-bathroom units. Offering an investor immediate flexibility to establish a new tenancy or accommodate an owner-user. With multiple units and a combination of existing rental income and vacancy this property provides an opportunity to reposition the asset, maximize rental potential, and add value over time. Conveniently located minutes from main freeways. Cal State LA, Dodger Stadium, shopping, dining, and major transportation routes. A compelling opportunity for investors seeking a multifamily property in Los Angeles with value-add potential and multiple income-producing units.
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 | 2,496 | 2,090.331 |
| Lot Size | 5,369 | 5,852.908 |
| Price | $1000.0K | $830.9K |
| Price per sq ft | $401 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 87 |
Oct 19, 2026
$999,999
Initial Listing
Nov 27, 2024
$980,000
Public Record
Jul 25, 2006
$673,000
Public Record
Feb 18, 2005
$535,000
Public Record
Oct 28, 2003
$239,000
Public Record
Dec 26, 2002
$129,000
Public Record