UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26177896
HOA Y/N No
Year Built 1948
Annual Tax Amount $9,747
Lot Size 5,976 Sqft
Property Sub-Type Triplex
Property Description
Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property.
The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income.
Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles.
With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location.
All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.
Location
State CA
County Los Angeles
Area Cter - City Terrace
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features On Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5228006022
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Special Listing Condition Standard
Virtual Tour https://N/A
Lease Land No
NEARBY SCHOOL & BUSINESS
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