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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,300,000

Est. payment - /mo

5 Beds

2 Baths

3,036 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,036 sqft

Price per Sqft $428

MLS Listing ID PW26163177

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1910

Lot Size 7,004 Sqft

Property Sub-Type Duplex

Property Description

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential.

The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included.

Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street.

Do not disturb tenants. Drive-by only.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Rooms

Main Level Bedrooms 3

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Outside

Exterior

Pool None

Community Features Urban

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5073021011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Sophia Chang New Star Realty & Investment 213-326-7754, DRE #02029179

NEARBY SCHOOL & BUSINESS

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1628 S Van Ness Los Angeles, CA 90019