
Los Angeles, California 90037
This Triplex Residential Income property is a Strong Value Opportunity, listed at $925,000—positioned slightly above the $875,907 Fair Market Value. While the list price reflects a premium, the property offers a Condition Rating of 3, featuring turnkey Granite Kitchen upgrades and a secure, gated lot. Its strategic location near USC and major freeways ensures high rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants interested in a house-hacking strategy within a central Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 W 54th Subject | $899,000* List Price | 0 | 0 | 1,855 | $467 | - |
A 420 W 53rd Sold | $940,000 | 0 | 0 | 1,893 | $497 | 0.3 mi |
B 326 -328 W 47th Sold | $925,000 | 0 | 0 | 1,738 | $532 | 0.7 mi |
C 919 919 1/2 W 49th Sold | $980,000 | 0 | 0 | 1,812 | $541 | 0.5 mi |
D 433 W 55th Active | $999,000 List Price | 5 | 3 | 1,928 | $518 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1912, the property has undergone significant remodeling including updated kitchens with granite countertops, newer cabinetry, and modern tile/laminate flooring. The exterior stucco and windows appear well-maintained, and the interior is in move-in-ready condition, consistent with a 5-15 year renovation cycle.
The triplex configuration situated near USC and Downtown LA offers excellent income opportunities for investors or a house-hacking option for owner-occupants in a high-demand rental corridor.
The property features extensive modern renovations, including granite countertops and newer cabinetry, paired with a low-maintenance, fully gated concrete lot for enhanced security.
Immediate access to the I-110, I-10, and I-105 freeways provides exceptional connectivity to the broader Los Angeles metropolitan area, making it highly attractive to working professionals.
The two rear units are approximately 402 square feet each for a two-bedroom configuration, which results in extremely small living quarters that may limit tenant retention and rental premiums.
Originally built in 1912, the property may possess underlying aged structural or utility components that require more frequent maintenance compared to newer constructions, despite recent cosmetic updates.
Remodeled Triplex near USC and DTLA. Front units are 2 bedrooms/1 bath each. Rear unit/ Main home features 3 bedrooms and 2 bathrooms with approximately 1,050 sq ft of living space. Newer cabinets, update kitchen, granite counters, newer tile flooring and an exterior laundry area and a private backyard. Extensive upgrades include a fully gated lot with secure wrought-iron entry and concrete throughout for low-maintenance living. The back units are well-designed 2-bedroom, 1-bathroom residences with approximately 402 sq ft of living space per unit. Location further enhances the value—situated just blocks from Fifty-Second Street Elementary, John Muir Middle School, and Augustus F. Hawkins High School, with convenient access to the I-110, I-10, and I-105 freeways for easy commuting throughout Los Angeles. Nearby restaurants, grocery stores, shopping, hospitals, and recreational amenities provide everyday convenience. Whether you’re a first-time buyer, multi-generational household, or investor seeking strong rental potential in a central LA corridor, this Triplex stands out for its move-in-ready condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,855 | 2,187.451 |
| Lot Size | 5,447 | 5,841.385 |
| Price | $899.0K | $841.5K |
| Price per sq ft | $485 | $385 |
| Built year | 1912 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 85 |
Aug 29, 2026
$899,000
$899,950
+0% Price Increase
Initial Listing
Aug 26, 2026
$899,950
$925,000
-3% Price Drop
Initial Listing
Aug 19, 2026
$925,000
Initial Listing
Oct 11, 2018
$660,000
Public Record
Aug 18, 2017
$372,000
Public Record