
Los Angeles, California 90011
This Residential Income Triplex represents a High-Potential Investment Opportunity, listed at a List Price of $980,000—positioned well below the $989,449 Fair Market Value by 0.95%. This valuation gap offers $9,449 in Instant Equity. With a Condition Rating of 3, the property features a versatile layout including a main house and rear duplex, ideal for maximizing rental yield. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating asset in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 E 28th Street Subject 0 bd · 0 ba · 2,780 sqft · $356 | $980,000* List Price | 0 | 0 | 2,780 | $356 | - |
A 725 E 40th Place Sold 0 bd · 0 ba · 2,135 sqft · $375 · 0.7 mi | $800,000 | 0 | 0 | 2,135 | $375 | 0.7 mi |
B 3833 - 3835 Woodlawn Sold 0 bd · 0 ba · 3,446 sqft · $290 · 0.8 mi | $1,000,000 | 0 | 0 | 3,446 | $290 | 0.8 mi |
C 3631 Trinity Street Active 0 bd · 0 ba · 2,804 sqft · $374 · 0.5 mi | $1,050,000 List Price | 0 | 0 | 2,804 | $374 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1910, the property has undergone significant reconfiguration and recent renovations. Interior images show a modern, updated bathroom with a double vanity and newer laminate flooring in the bedrooms, indicating a renovation within the past 5-15 years that leaves it functional and move-in ready.
Configured as a triplex with a multi-unit main house and a rear duplex, this property offers multiple income streams, making it an exceptional opportunity for investors or owner-users.
The property features highly versatile living spaces, including a private upstairs studio with its own exterior entrance and a permitted flex space, ideal for multi-generational living or maximizing rental options.
The property sits on a generous 6,278 sqft lot with ample on-site parking space that can be easily reclaimed for tenant use, which is a highly desirable asset in Los Angeles.
Originally built in 1910, this century-old property may require higher ongoing maintenance costs and potential updates to its historical structural and mechanical systems.
The conversion of the original living and dining rooms into bedrooms maximizes rental capacity but eliminates traditional communal gathering areas within the main residence.
Introducing a thoughtfully reconfigured early-1900s residence offering exceptional flexibility for investors, owner-users, and multi-generational living. This distinctive property has been transformed into a versatile multi-occupant residence designed to maximize functionality and rental potential. The main house features three first-floor bedrooms, thoughtfully converted from the original living and dining rooms, along with a spacious kitchen, laundry room, service room, and full bathroom. Upstairs, the former primary suite has been converted into a private studio apartment with its own kitchenette, full bathroom, and separate exterior entrance. Two additional spacious bedrooms and a second full bathroom provide even more flexibility for occupants, extended family, or rental use. The property also features an enclosed porch that has been converted into a permitted upstairs laundry and flex space, with the potential to create an additional studio. Adding further income-producing potential, the rear duplex at 620 and 620 ½ consists of two separate one-bedroom units, each offering a full living area, kitchen, dining space, and bathroom. Ample on-site parking is currently being used for storage but can readily be reclaimed for tenant parking. With its flexible configuration and multiple living spaces, this property presents a unique opportunity for investors seeking rental income or buyers looking for a versatile multi-generational residence. A rare Los Angeles property offering multiple occupancy options, substantial flexibility, and significant potential.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,780 | 2,148.648 |
| Lot Size | 6,278 | 5,855.757 |
| Price | $980.0K | $831.8K |
| Price per sq ft | $353 | $387 |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 31 | 87 |
Sep 23, 2026
$980,000
Initial Listing
Apr 12, 2002
$245,000
Public Record