
Los Angeles, California 90022
This High-Potential Investment Opportunity is a Triplex listed at $1,298,000, positioned above the $1,208,317 Fair Market Value. While the property carries a premium, its Mint Condition Rating—bolstered by a 2025 remodel and 2020 construction—ensures a turnkey, low-maintenance asset. Featuring modern finishes and a Patio, this property is optimized for high rental demand near major universities and freeways. It serves as a stable, income-generating asset for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-density Los Angeles submarket.
Property is new construction or fully renovated.
The property is in mint condition following a 2025 remodel of Unit 1 and the construction of Units 2 and 3 in 2020. Interior images confirm high-end modern finishes, including quartz countertops, stainless steel appliances, recessed lighting, and contemporary bathrooms with glass-enclosed showers, all within the <5-year renovation/new build window.
The property features significant recent upgrades, including a 2025 remodel of the first unit and two additional units newly constructed in 2020, minimizing immediate capital expenditure for maintenance.
Situated with easy access to four major freeways and close proximity to East LA College and Cal State LA, the property is ideally positioned to attract a steady pool of student and commuter tenants.
As a fully renovated triplex, this property offers a ready-to-go income stream with modern amenities that command higher market rents in a competitive Los Angeles submarket.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2699, other record living area = 662.
With three units totaling nearly 2,700 square feet on a modest 3,915 square foot lot, there is likely very limited private outdoor space and potentially constrained on-site parking.
The property's close proximity to multiple major freeways and high-density residential surroundings may result in elevated noise levels and traffic congestion for residents.
Great Investment opportunity. This nice, newly renovated three-unit property has easy access to the 710, 60, 10, and 5 freeways. It's close to both the ELA College and Cal State LA University. Unit 1 was remodeled in 2025 and units 2 and 3 were built in 2020. Don't miss this great opportunity.
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 | 2,699 | 1,630.5 | 93% |
| Lot Size | 3,915 | 5,422 | 29% |
| Price | $1.30M | $712.5K | 93% |
| Price per sq ft | $481 | $471 | 64% |
| Built year | 1940 | 1930 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 231 | 7% |
Jun 3, 2026
$1,298,000
Initial Listing
Jul 24, 2009
$110,000
Public Record
Mar 17, 2006
$355,000
Public Record
Jul 14, 2005
$245,000
Public Record
May 9, 2000
$95,000
Public Record
Oct 19, 1995
$83,500
Public Record
May 26, 1995
$45,500
Public Record