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The Warburton Team Brokered By EXp

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

$999,000

Est. payment - /mo

6,359 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26163548

HOA Y/N No

Year Built 1908

Lot Size 6,359 Sqft

Property Sub-Type Triplex

Property Description

3 VACANT UNITS Prime Investment Opportunity (FHA 203k loan is welcomed) in Cypress Park Presenting an exceptional vacant triplex in the heart of Cypress Park, one of Los Angeles' hottest and fastest-growing neighborhoods. This rare gem, located in the coveted 90065 zip code of Northern East LA (NELA), offers a unique and versatile investment opportunity. The property features two 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 2-bathroom unit. All units are currently vacant, providing immediate and unhindered access for potential investors or developers. The absence of the Rent Stabilization Ordinance (RSO) means you can set your rental rates without the constraints of rent control, allowing for maximum rental income potential. This property is a dream for investors looking to buy and hold, developers aiming to demolish and build new constructions, or multiple families wishing to purchase together. Imagine the possibilities: modern luxury apartments, stylish condos, or even a communal living space tailored to suit today's lifestyle needs.

Location

State CA

County Los Angeles

Area Cypk - Cypress Park

Interior

Fireplace No

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Urban

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5453002003

Acceptable Financing Cash, Conventional, FHA 203(k), Submit

Listing Terms Cash, Conventional, FHA 203(k), Submit

Special Listing Condition Trust

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Listed by Jimmy Mercado NEXT Brokerage 626-234-7821, DRE #01385375

NEARBY SCHOOL & BUSINESS

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2677 Roseview Los Angeles, CA 90065