
Los Angeles, California 90062
This Upgraded Triplex represents a Strong Value Opportunity, listed at a List Price of $1,280,000, which aligns perfectly with the $1,280,000 Fair Market Value. Featuring a Condition Rating of 3, the property offers Quality Upgrades including Quartz Countertops and Separate Gas & Electrical Meters. Its strategic location near USC and the Natural History Museum ensures consistent rental demand. This turnkey asset is ideal for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to leverage a house-hack strategy in a high-demand Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5321 Denker Avenue Subject 0 bd · 0 ba · 3,220 sqft · $398 | $1,280,000* List Price | 0 | 0 | 3,220 | $398 | - |
A 5422 Ruthelen Street Sold 0 bd · 0 ba · 2,832 sqft · $452 · 0.4 mi | $1,280,000 | 0 | 0 | 2,832 | $452 | 0.4 mi |
B 5422 Ruthelen Street Sold 7 bd · 5 ba · 2,832 sqft · $452 · 0.4 mi | $1,280,000 | 7 | 5 | 2,832 | $452 | 0.4 mi |
C 1435 W 53rd Sold 0 bd · 0 ba · 2,431 sqft · $402 · 0.2 mi | $977,000 | 0 | 0 | 2,431 | $402 | 0.2 mi |
D 1646 W 52nd Active 0 bd · 0 ba · 2,824 sqft · $372 · 0.1 mi | $1,050,000 List Price | 0 | 0 | 2,824 | $372 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1914 build date, the property has undergone significant recent renovations. The kitchens feature newer quartz countertops and updated cabinetry, while the bathrooms and flooring (laminate and tile) appear well-maintained and modern. The listing notes upgraded systems and separate meters, making it move-in ready and functional for tenants.
The property features quality system upgrades and modern finishes, including quartz countertops in all units, and has recently passed City of Los Angeles quality inspections.
Located near USC and the Natural History Museum, this triplex is positioned in a high-demand rental area, making it ideal for student housing or long-term tenants.
All units are equipped with separate gas and electrical meters, and the lot layout maximizes yard space while providing ample parking via side access and a rear alley.
With over 800 days on the market, the listing may carry a stigma of being overpriced or having overlooked issues, potentially complicating future negotiations.
Built in 1914, the century-old structure may require ongoing specialized maintenance for its foundation and framing that modern upgrades might not fully address.
Triplex in Good Condition near Vermont Square not far from USC & Natural History Museum 5319, 5319 1/2, 5321 Denker Ave is an Upgraded Triplex (3 Units; Front building has Two units (2) 1-Up & 1-Down; 3-Bedrooms each and Rear unit has 2-Bedrooms) between 'Vermont Harbor' & 'South L.A.' in the area 'Western Avenue Park' near all; Shopping, Schools, Churches, and Transportation. Quality upgrades to systems and finishings. All Three Units have been recently upgraded with Quartz Countertops. Property recently passed City of LA quality Inspections. Perfect for 1031 or owner occupy. All the units have separate gas & electrical meters. Layout of the buildings are positioned in a highly desirable manner which maximizes the yard space leaving plenty of room for several parking spaces on the side of the front units & through the rear alley entrance.Note to Investors; This is not a distressed property. Rents are actual.
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 | 3,220 | 2,090.331 |
| Lot Size | 5,950 | 5,852.908 |
| Price | $1.28M | $830.9K |
| Price per sq ft | $398 | $394 |
| Built year | 1914 | 1928 |
| HOA | $0 | $0 |
| Days on market | 830 | 87 |
Aug 1, 2024
$1,280,000
Initial Listing
Aug 21, 2015
$530,000
Public Record
Dec 17, 2013
$333,000
Public Record
Jul 3, 2008
$446,500
Public Record
Jun 21, 2006
$599,000
Public Record
Jan 16, 2003
$300,000
Public Record
Jul 25, 2001
$157,000
Public Record