656 S Mott, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
656 S Mott
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 656 S Mott, Los Angeles, California 90023 is currently available with a list price of $900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1928, this triplex is sold 'As-Is' with no interior photos provided, which typically indicates outdated finishes and deferred maintenance. Exterior images show significant weathering on the stucco and wood trim, cracked concrete driveways, and older window units. While the property is functional and occupied by long-term tenants, it lacks modern updates and likely requires minor to moderate repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
This triplex offers a diversified income stream with three separate units, providing an excellent investment opportunity in the high-demand Los Angeles rental market.
- Detached Unit and Parking
The property includes a detached two-bedroom unit and garage parking for two of the units, features that significantly enhance tenant privacy and property value.
- Immediate Cash Flow
With all units currently occupied by long-term tenants, the property ensures immediate rental income from the date of acquisition without initial vacancy concerns.
CONSRISKS & DEFICIENCIES
- Strict As-Is Condition
The seller will not provide repairs or credits, meaning the buyer must be prepared to assume all costs for potential deferred maintenance or necessary upgrades.
- Limited Operational Control
The sale is subject to existing lease agreements and long-term tenancies, which may restrict the buyer's ability to immediately renovate or adjust rents to current market rates.
About 656 S Mott
Three-unit income property located in Los Angeles. Excellent investment opportunity. Unit Breakdown: • Unit 1: 1 bedroom / 1 bathroom • Unit 2: 1 bedroom / 1 bathroom / 1-car garage • Unit 3 (detached): 2 bedrooms / 1 bathroom / 1-car garage Units are occupied by long-term tenants. Property is being sold strictly in its current “As-Is” condition. Seller will not make repairs or provide credits. Sale includes tenants in place. Subject to interior inspection. Buyer to cooperate with existing lease agreements. Buyer to independently verify all information including but not limited to square footage, permits, condition, current rents, and applicable regulations.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1928
- Lot Size
- 3,880 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,428 | 1,681 | 42% |
| Lot Size | 3,880 | 5,544 | 17% |
| Price | $900.0K | $687.5K | 92% |
| Price per sq ft | $630 | $424 | 75% |
| Built year | 1928 | 1923 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 166 | 8% |
Pricing History
Listed for Sale
Feb 27, 2026
$900,000
Initial Listing