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Additional details
Listed by Daniel Howard • Compass
$1,049,999
Est. payment /mo
2,847 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,847 sqft
Price per Sqft $368
MLS Listing ID CRDW25032679
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 9,000 Sqft
Property Sub-Type Triplex
Property Description
Unlock the potential of this exceptional 4-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 6.5% CAP. rate currently exceeding the average which is usually below 5%. R3 Zoning is located in a prime area, and this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix: Two 2-bed, 1-bath units One 2-bed, 2-bath unit One 1-bed, 1-bath unit Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal.The expansive backyard presents an incredible value-add opportunity—build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans, which they are willing to share with the new owner. Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity wi
Location
State CA
County Los Angeles
Interior
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No
Laundry Gas Dryer Hookup, Other, See Remarks
Exterior
View None
Building
Water Public
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Vicky Van Brocklin
Broker | License ID: 01512910
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