
Los Angeles, California 90044
This triplex represents a High-Potential Investment Opportunity, listed at a List Price of $725,000—positioned well below the $762,996 Fair Market Value by 4%. This valuation gap offers $37,996 in Instant Equity. Featuring a Fair Condition Rating, the property includes two modern 2008-built units and a 1924 front unit requiring renovation. With separately metered utilities and immediate rental income potential, this is an ideal value-add asset for Buy-and-Hold Investors or first-time buyers seeking a house-hack strategy.
Property is moderate renovation needed.
The property is a triplex with a significant age split; the front unit dates to 1924 and is explicitly described as needing 'TLC,' while the two rear units were built in 2008. At nearly 20 years old, the newer units are entering a phase where systems and finishes become dated, and combined with the century-old front unit requiring repairs, the property fits the Fair criteria.
High School: Middle College High School (9/10).
The property is delivered with two vacant units and one occupied unit, allowing an investor to set market rents immediately or an owner-occupant to move in while benefiting from existing cash flow.
While the front unit is vintage, the two rear units were constructed in 2008, offering more modern building standards and likely requiring less structural maintenance than typical 1920s income properties.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5378, other record living area = 3400.
The 1924 front unit requires 'TLC' (Tender Loving Care), indicating that the buyer will need to budget for immediate renovation costs to maximize the property's value and rental appeal.
The majority of the assigned public schools for this address have low performance ratings (ranging from 2 to 3), which may be a deterrent for long-term family tenants.
Great opportunity to own a triplex with 2 units to be delivered vacant and one tenant occupied and unit already generating rental income. Live in one unit and rent out the others, or add to your investment portfolio. The front unit needs some TLS, offering an opportunity to make it your own. The 2 rear units were built in 2008. Enjoy ample parking and outdoor space with each unit separately metered for ga, electricity and water. An excellent opportunity for first time homebuyers or investors looking to grow their portfolio!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 5,378 | 2,090.331 |
| Lot Size | 5,378 | 5,852.908 |
| Price | $725.0K | $830.9K |
| Price per sq ft | $135 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 87 |
Nov 1, 2026
$725,000
Initial Listing
Dec 24, 2014
$490,000
Public Record
Oct 12, 2005
$325,000
Public Record
Aug 3, 2005
$271,000
Public Record
Aug 5, 2002
$135,000
Public Record