
Los Angeles, California 90047
This triplex presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned slightly above the $738,478 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 6,000 sqft Corner Lot provide a solid foundation for value-add renovations. The layout, featuring three private 1-bedroom units, ensures strong rental demand in the Los Angeles market. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5953 S Denker Avenue Subject | $750,000* List Price | 0 | 0 | 1,734 | $426 | - |
A 1743 1745 W 60th Place Sold | $629,000 | 0 | 0 | 1,504 | $418 | 0.2 mi |
B 1541 W 59th Active | $875,000 List Price | 0 | 0 | 1,971 | $444 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this property is significantly aged with no mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). While the exterior appears structurally intact and functional as an income-producing triplex, the lack of updates and neglected landscaping indicate it is dated and requires minor repairs and modernization to meet current market standards.
High School: Middle College High School (9/10).
This triplex offers excellent flexibility for investors or owner-occupants to generate rental income from three separate units in a high-demand Los Angeles rental market.
Each unit features its own private entrance and fenced outdoor space, providing a desirable 'single-family home' atmosphere that attracts and retains long-term tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6000, other record lot size in square feet = 4923.
Originally built in 1925, the property may require significant capital expenditures for modernizing aging systems and maintaining the structural integrity of a century-old building.
The immediate neighborhood schools are rated poorly (mostly 1-3 out of 10), which could limit the property's appeal to families and impact long-term appreciation.
Great investment or Multi-family opportunity in the heart of Southwest Los Angeles! This well-located corner-lot triplex features three spacious 1-bedroom, 1-bath units, each designed with a comfortable, home-like feel. Each unit offers its own private entrance, providing added privacy and the feeling of having your own little home. One of the units includes a carport with a fenced and enclosed parking area, offering added convenience, privacy, and security. The property also features fenced areas surrounding the units, providing additional separation and outdoor space. Whether you’re looking to add a strong income-producing property to your portfolio, live in one unit while renting the others, or accommodate multiple households, this triplex offers excellent flexibility and potential. Corner-lot location
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,734 | 2,187.451 |
| Lot Size | 6,500 | 5,841.385 |
| Price | $750.0K | $841.5K |
| Price per sq ft | $433 | $385 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 14 | 85 |
Aug 26, 2026
$750,000
Initial Listing
Oct 23, 2024
$600,000
Public Record
Mar 15, 2024
$450,000
Public Record
Mar 14, 2024
$395,000
Public Record