
Los Angeles, California 90037
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $725,000—positioned well below the $736,984 Fair Market Value by 1.6%. This valuation gap offers $11,984 in Instant Equity. Featuring a Condition Rating of 3, the property includes upgraded kitchens, newer windows, and fresh paint. With a versatile unit mix, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 727 W 54th Street Subject 0 bd · 0 ba · 2,394 sqft · $308 | $725,000* List Price | 0 | 0 | 2,394 | $308 | - |
A 1159 W 54th Street Sold 0 bd · 0 ba · 2,144 sqft · $313 · 0.5 mi | $670,000 | 0 | 0 | 2,144 | $313 | 0.5 mi |
B 1060 W 51st Active 0 bd · 0 ba · 2,397 sqft · $350 · 0.4 mi | $839,000 List Price | 0 | 0 | 2,397 | $350 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1913 build date, the property is well-maintained with upgraded kitchens in all units, newer windows, and fresh paint, making it move-in ready and functional for tenants.
As a triplex featuring a large three-bedroom rear unit and two one-bedroom front units, this property offers versatile options for both investors and owner-occupants seeking rental income.
The property boasts significant updates including fresh paint, newer windows, and remodeled kitchens across all units, reducing immediate capital expenditure for a new owner.
Situated in the heart of Los Angeles, the property provides excellent proximity to public transportation, shopping, and dining, ensuring high tenant demand and convenience.
A discrepancy exists between the title records showing two-bedroom units and the actual one-bedroom configuration of the front units, which may complicate financing or future resale valuations.
The majority of assigned public schools in the immediate area carry low performance ratings, which could limit the appeal to families and impact long-term property appreciation.
Excellent Opportunity in the Heart of Los Angeles! Discover the potential of this well-located triplex, conveniently situated near transportation, shopping, dining, and everyday amenities. The front two units function as one-bedroom/one-bathroom units, although title shows them as 2/1. The rear unit is a three-bedroom/one-bathroom and features an upgraded kitchen. The front units have been well maintained and offer fresh paint, newer windows, and upgraded kitchens. Whether you’re looking to add to your investment portfolio or find a property with future potential, this triplex is an opportunity worth exploring. Priced to sell—come see the possibilities and make this property your next home or investment!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-2 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,394 | 2,090.331 |
| Lot Size | 5,455 | 5,852.908 |
| Price | $725.0K | $830.9K |
| Price per sq ft | $303 | $394 |
| Built year | 1913 | 1928 |
| HOA | $0 | $0 |
| Days on market | 33 | 87 |
Oct 7, 2026
$725,000
Initial Listing
Mar 18, 2011
$200,000
Public Record