
Los Angeles, California 90032
This triplex presents a High-Potential Investment Opportunity with a List Price of $816,000—positioned well below the $858,430 Fair Market Value by 4%. This valuation gap offers $42,430 in Instant Equity. With a Condition Rating of 5, the property requires a comprehensive rehab, yet the Triplex Configuration and Vacant 3-Bedroom Unit provide immediate flexibility. This is an ideal Asset for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a high-demand Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5226 Ithaca Subject | $816,000* List Price | 0 | 0 | 1,837 | $467 | - |
A 5141 Oakland Sold | $750,000 | 4 | 3 | 1,764 | $425 | 1.0 mi |
B 2616 Haven Active | $699,000 List Price | 0 | 0 | 2,008 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Originally built in 1928, the property shows significant signs of deferred maintenance and aging. Interior photos reveal heavily stained and worn carpeting, dated wood paneling, and old wall-mounted heating units. The overall condition and 'investment opportunity' description indicate the units require a comprehensive rehab of kitchens, baths, and systems to be move-in ready.
The triplex configuration with a vacant 3-bedroom front unit provides an ideal opportunity for an owner-user to occupy one unit while generating immediate rental income from the others.
Proximity to major employment and education hubs, including USC Health Sciences Campus, Cal State LA, and Downtown Los Angeles, ensures high rental demand and long-term appreciation potential.
The property features two separate buildings on a single lot, offering a higher degree of privacy and separation for tenants compared to traditional high-density multi-family structures.
Built in 1928, the property may require significant capital expenditures for modernizing aging systems such as plumbing, electrical, and foundation to meet current standards.
With three units totaling only 1,837 square feet, the individual living spaces are relatively small, which may limit the property's appeal to tenants seeking more spacious accommodations.
Excellent investment opportunity in the desirable El Sereno neighborhood of Los Angeles! This unique 3-unit property offers tremendous potential for investors, owner-users, or multi-generational living. Situated on an approximately 5,300 sq. ft. lot with two separate buildings, the property provides flexibility, privacy, and multiple income opportunities. Conveniently located near Alhambra, South Pasadena, Downtown Los Angeles, USC Health Sciences Campus, Cal State LA, major freeways, shopping, dining, and public transportation. With strong rental demand and excellent upside potential, this is a rare opportunity to own a multi-unit property in one of Northeast Los Angeles’ increasingly desirable communities. Live in one unit and rent out the others, or add this property to your investment portfolio. Don’t miss this outstanding opportunity! Front unit 3bed /1.5bath( Vacant); back unit 1bedroom/1bath; and 2 bedroom/1bathroom
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,837 | 2,187.451 |
| Lot Size | 5,326 | 5,841.385 |
| Price | $816.0K | $841.5K |
| Price per sq ft | $444 | $385 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 23 | 85 |
Aug 17, 2026
$816,000
Initial Listing