
Los Angeles, California 90002
This Income-Generating Triplex represents a stabilized asset listed at $599,900, positioned competitively near its $567,344 Fair Market Value. The property maintains a Good Condition Rating following extensive capital improvements, including a new roof, windows, and stucco installed between 2015 and 2018. With all three units currently tenant-occupied, the asset provides immediate rental income and minimal deferred maintenance. Its location near the 9/10 rated Compton Early College High ensures sustained tenant demand. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey multi-family entry.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 829 E Century Subject | $599,900* List Price | 0 | 0 | 2,355 | $241 | - |
A 8820 Beach Active | $700,000 List Price | 0 | 0 | 2,636 | $266 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1948, has undergone significant capital improvements between 2015-2018, including a new roof (2017), new windows (2015), new stucco (2017), and new doors (2018). These updates, being 6-9 years old, align with the 'extensively renovated within 5 to 15 years' criteria for a 'Good' rating. The listing explicitly states 'All three units upgraded and well-kept,' suggesting the interiors, including kitchens and bathrooms, are in good, functional condition, making it move-in ready. While interior photos are not provided, the substantial exterior updates and the description's claims support a 'Good' assessment.
High School: Compton Early College High (9/10).
This triplex property boasts all three units currently rented and occupied by tenants, offering immediate and consistent rental income for an investor.
Major updates have been completed, including a new roof (2017), new windows (2015), new stucco (2017), and new front/screen doors (2018), significantly reducing immediate capital expenditure for a new owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2355, other record living area = 1320.
With a combined living area of 1320 square feet for three 1-bedroom, 1-bathroom units, each unit is relatively small (approximately 440 sqft), which may limit the tenant pool or rental income potential compared to larger units.
While income-generating, the fact that all units are tenant-occupied can complicate a buyer's plans for owner-occupancy, significant renovations, or immediate rent adjustments due to tenant rights and eviction laws in Los Angeles.
ONE OF THE LOWEST PRICED 3 UNITS INCOME PROPERTY CONSISTING OF 1 BEDROOM, 1 BATHROOM, AND 1 CAR GARAGE EACH UNIT, FOR ONLY $ 599,900. LIVING AREA IS A COMBINED 1320 SQUARE FEET ON A DECENT SIZED LOT OF 4201 SQUARE FEET. ALL THREE UNITS ARE RENTED AND OCCUPIED BY THE TENANTS. PROPERTY HAS BEEN WELL TAKEN CARE OF AND UPGRADED PERIODICALLY. NEW ROOF WAS INSTALLED IN 2017, NEW WINDOWS WERE INSTALLED IN 2015, NEW STUCCO WAS COMPLETED IN 2017, AND FRONT DOOR AND SCREEN DOOR WERE INSTALLED IN 2018. ALL THREE UNITS UPGRADED AND WELL-KEPT FOR ONLY $ 599.900! WILL NOT LAST AT THIS AMAZING PRICE, JUMP ON IT BEFORE IT IS GONE!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
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 | 2,355 | 2,297 | 56% |
| Lot Size | 4,201 | 4,479 | 44% |
| Price | $599.9K | $878.5K | 13% |
| Price per sq ft | $255 | $374 | 13% |
| Built year | 1948 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 172 | 31% |
Dec 9, 2025
$599,900
Initial Listing
Jan 31, 2014
$165,000
Public Record