
Los Angeles, California 90044
This Income-Producing Triplex serves as a strategic Value-Add Asset listed at $685,999, currently positioned above the $567,164 Fair Market Value. With a Condition Rating of 5, the century-old structure requires significant capital improvements to its three 1-bedroom units, offering a clear path for forced appreciation through modernization. Each unit features a Private Yard and Patio, supporting high tenant retention in a dense rental market. Proximity to the 9/10 rated Middle College High School adds long-term investment security. This property is best suited for Buy-and-Hold Investors or Multifamily Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 837 W 65th Subject | $685,999* List Price | 0 | 0 | 1,320 | $430 | - |
A 915 W Gage Sold | $717,500 | 0 | 0 | 1,448 | $496 | 0.1 mi |
B 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.1 mi |
C 1053 W Gage Pending | $550,000 List Price | 2 | 2 | 1,210 | $455 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over a century old with no visible signs of significant recent renovations. The exterior images reveal extensive deferred maintenance, including cracked concrete, visible utility lines, and general disrepair. While tenant-occupied, the overall condition suggests substantial repairs and rehabilitation are required for all major components, including likely outdated kitchens, bathrooms, and core systems, to meet modern safety and comfort standards.
High School: Middle College High School (9/10).
The property is a tenant-occupied triplex, offering immediate and stable cash flow from day one, making it an attractive investment for buy-and-hold investors.
Situated in a centrally located South Los Angeles neighborhood with consistent rental demand, ensuring a strong tenant pool and potential for long-term appreciation.
Built in 1921, the property is over a century old, which may imply potential for deferred maintenance, older systems, and higher upkeep costs.
Each unit is a 1-bedroom, 1-bathroom configuration, which limits the tenant demographic and may not command the highest rental rates compared to larger units.
The description mentions a 'bonus room suitable for storage or flex use (buyer to verify),' indicating that its permitted use or legality is not confirmed and may require further investigation or investment.
Income-producing triplex in high-demand South Los Angeles, offering immediate cash flow and long-term appreciation potential. The property is tenant occupied, providing stable in-place income from day one. Each unit features 1 bedroom 1 bathroom, gas dryer hookups, a private yard area, and a bonus room suitable for storage or flex use (buyer to verify). Additional highlights include off-street parking, a fully fenced yard, and a wider street setting that enhances accessibility and tenant appeal. The private yard space for each unit creates a single-family feel, supporting strong rental demand and longer tenant retention. Well-positioned in a centrally located South LA neighborhood with consistent rental demand, this property presents an excellent opportunity for buy-and-hold investors seeking steady cash flow with future upside. Ideal addition to a multifamily portfolio.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 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 | 1,320 | 2,004 | 16% |
| Lot Size | 7,327 | 6,078 | 77% |
| Price | $686.0K | $835.0K | 13% |
| Price per sq ft | $520 | $421 | 77% |
| Built year | 1921 | 1923 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 154 | 19% |
Mar 19, 2026
$685,999
$700,000
-2% Price Drop
Initial Listing
Feb 5, 2026
$700,000
Initial Listing
Dec 4, 2015
$340,000
Public Record
Jan 18, 2011
$140,000
Public Record
Aug 25, 2005
$400,000
Public Record
Aug 27, 2002
$166,000
Public Record
May 18, 2000
$124,000
Public Record