
Los Angeles, California 90059
This Stabilized Triplex Asset represents a High-Potential Investment Opportunity priced at $899,999, which aligns with its $887,935 Fair Market Value. Delivering a robust 7.5%+ Cap Rate, the property is fully occupied by Section 8 tenants, providing guaranteed, high-yield cash flow. Having earned a Condition Rating of 2, the asset features a new roof, updated plumbing, and modern HVAC mini-splits, eliminating immediate capital expenditures. The 5,161 sqft lot provides additional value through ADU potential in a high-demand rental pocket. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 813 E Imperial Subject | $869,999* List Price | 0 | 0 | 1,504 | $576 | - |
A 802 E 111th Active | $649,000 List Price | 0 | 0 | 1,200 | $541 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, top-to-bottom renovation including a new roof, updated electrical and plumbing systems, and new HVAC mini-splits. The interiors feature modern kitchens, designer bathrooms, new windows, and durable flooring, meeting the criteria for a virtually new condition with no deferred maintenance.
The property boasts a strong 7.5%+ Cap Rate with guaranteed cash flow from reliable Section 8 tenants, making it an ideal stabilized asset for income-focused investors.
This is a truly turnkey triplex featuring a brand-new roof, updated electrical and plumbing systems, and modern interior finishes, eliminating the need for immediate capital expenditures.
The 5,161 sqft lot includes ample parking and sufficient space for a potential Accessory Dwelling Unit (ADU), offering a clear path to further maximize rental returns.
Consisting exclusively of 1-bedroom, 1-bathroom units, the property may appeal to a narrower tenant demographic compared to multi-family assets with larger, family-sized floor plans.
With only 1,504 total square feet divided among three units, the individual living spaces are relatively small, which could limit long-term rent growth potential.
Ultimate Turnkey Opportunity: Fully Renovated Triplex with 7.5%+ Cap Rate! Maximize your portfolio with this high-performing South LA triplex. This property is truly "set and forget," featuring three 1BD/1BA units fully occupied by reliable Section 8 tenants for guaranteed, hassle-free cash flow. Major CapEx complete: The building boasts a brand-new roof, all-new electrical wiring, new plumbing, and energy-efficient HVAC mini-splits in every unit. Interior upgrades include modern kitchens, designer bathrooms, new windows, and durable flooring. With all the heavy lifting done, this is a rare chance to acquire a stabilized asset in a high-demand rental pocket. The property also offers ample parking and potential space for an ADU to further maximize returns. Located in a convenient South LA neighborhood, enjoy proximity to local shops, dining, parks, and easy freeway access for quick commutes across the city. An excellent opportunity for investors seeking a truly turnkey property with stable cash flow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,504 | 2,122 | 20% |
| Lot Size | 5,161 | 5,692 | 27% |
| Price | $870.0K | $769.0K | 67% |
| Price per sq ft | $578 | $382 | 93% |
| Built year | 1950 | 1949 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 195 | 7% |
Apr 17, 2026
$869,999
$899,999
-3% Price Drop
Initial Listing
Feb 25, 2026
$899,999
Initial Listing
Jan 11, 2024
$680,000
Public Record