5351 Packard Street, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90019
This Mid-City Spanish Triplex is a High-Potential Investment Opportunity, listed at $1,895,000—positioned above the $1,803,706 Fair Market Value. Featuring a 2023 ADU and Mint Condition Rating due to comprehensive interior renovations, this asset offers immediate rental income potential. The property provides a strategic house-hacking layout, allowing owners to occupy the 1,800 sq. ft. unit while leveraging the remaining units for cash flow. Its central location near Miracle Mile ensures strong tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5351 Packard Street Subject | $1,895,000* List Price | 0 | 0 | 3,800 | $475 | - |
A 1208 S Cochran Avenue Sold | $1,480,000 | 0 | 0 | 3,223 | $459 | 0.2 mi |
B 1226 Meadowbrook Avenue Active | $1,995,000 List Price | 0 | 0 | 3,464 | $576 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand new 2023 ADU and comprehensive recent renovations to the kitchens, bathrooms, and interior finishes across all units. The modern upgrades, recessed lighting, and updated flooring indicate a high-end remodel completed within the last 5 years, placing it in mint condition.
This triplex offers an ideal house-hacking opportunity with a large 1,800 sq. ft. owner's unit and two additional rental units, including a brand-new 2023 ADU to maximize cash flow.
The property features recently remodeled kitchens, bathrooms, and high-end finishes throughout, significantly reducing the need for immediate capital expenditures.
Situated on a quiet corner in the high-demand Mid-City/Miracle Mile area, the property provides excellent proximity to major employment hubs like Beverly Hills, Culver City, and DTLA.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3800, other record living area = 2895.
The property has been on the market for 78 days and has undergone multiple significant price reductions from its original $2.3M listing, which may suggest initial overpricing or buyer caution.
With 3,800 sq. ft. of living space situated on a 5,608 sq. ft. lot, the high building-to-land ratio results in limited private outdoor space for a triplex of this scale.
House-hack this Mid-City Spanish triplex: live in one, rent two Seller financing may be available, subject to seller approval, buyer qualification, and mutually acceptable terms. Cash and conventional financing are also welcome. Three legal units on a quiet corner near Miracle Mile, including a 2023 ADU, with recently remodeled kitchens, bathrooms, and finishes throughout. The two larger units offer the privacy of individual homes, each with yard access on three sides. The approximately 1,800-square-foot main unit features three bedrooms and two bathrooms. The two tenant-occupied units currently produce approximately 13,000 per month. Buyer to independently verify rents, expenses, permits, square footage, and unit information. Conveniently located near Beverly Hills, Culver City, Downtown Los Angeles, and West Hollywood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,800 | 2,250 |
| Lot Size | 5,608 | 5,864 |
| Price | $1.90M | $826.7K |
| Price per sq ft | $499 | $395 |
| Built year | 1938 | 1925 |
| HOA | $0 | $0 |
| Days on market | 85 | 83 |
Jul 16, 2026
$1,895,000
$2,050,000
-8% Price Drop
Initial Listing
Jul 3, 2026
$2,050,000
$2,150,000
-5% Price Drop
Initial Listing
May 23, 2026
$2,150,000
$2,300,000
-7% Price Drop
Initial Listing
Apr 29, 2026
$2,300,000
Initial Listing
Aug 12, 2022
$1,599,000
Public Record