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$1,249,000
Est. payment /mo
8,137 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26047316
HOA Y/N No
Year Built 1949
Lot Size 8,137 Sqft
Property Sub-Type Triplex
Property Description
Exceptional FIXER triplex opportunity offering 3,929 sq ft of versatile living space. Three legal units, with tremendous opportunity to renovate and lease at top market rents, there is two additional existing spaces within the building for potential ADUs. With a possible expansion from 3 to 5 units.
Originally built in 1949 with a substantial 1985 addition, this property features three units: a front 2-bedroom, 1-bath home currently rented, plus two rear units ready for new owner to remodel and rent at market rents. The rear units include a spacious 2-bedroom, 1½-bath flat with an enclosed balcony, and a town house-style 2-bedroom, 1½-bath unit with a bonus step-down area, kitchenette, and bath. With four electric meters, three carports, and four additional on-site parking spaces, this property offers excellent income potential for investors or a prime opportunity for an owner-user to live in one unit while generating rental income from the others. The lot is over 8000 sq ft and R3 LA zoned. Property is priced to reflect its condition. Great opportunity for developers, flippers, or to hold and create long term wealth
Originally built in 1949 with a substantial 1985 addition, this property features three units: a front 2-bedroom, 1-bath home currently rented, plus two rear units ready for new owner to remodel and rent at market rents. The rear units include a spacious 2-bedroom, 1½-bath flat with an enclosed balcony, and a town house-style 2-bedroom, 1½-bath unit with a bonus step-down area, kitchenette, and bath. With four electric meters, three carports, and four additional on-site parking spaces, this property offers excellent income potential for investors or a prime opportunity for an owner-user to live in one unit while generating rental income from the others. The lot is over 8000 sq ft and R3 LA zoned. Property is priced to reflect its condition. Great opportunity for developers, flippers, or to hold and create long term wealth
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Interior
Heating Forced Air
Fireplaces Type Decorative, Living Room
Fireplace Yes
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Carport Spaces 3
Pool None
Community Features Foothills
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Paved
Story 2
Sewer Septic Type Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 2565013034
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Carlos Borraez Keller Williams R. E. Services 818-434-2783, DRE #00930706
NEARBY SCHOOL & BUSINESS
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