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Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW26039020
Sold Date 04/28/26
Construction Status Repairs Cosmetic,Repairs Major
HOA Y/N No
Year Built 1928
Lot Size 6,503 Sqft
Property Sub-Type Triplex
Property Description
This asset comprises three income-generating units, anchored by a detached main house at the front and supported by two additional 1-bed/1-bath units positioned above and below one another in the rear. This configuration provides built-in rental diversification, reduced vacancy risk, and multiple streams of rental income.
Strategically located in high-demand Leimert Park, the property sits less than 3 miles from USC, a major driver of year-round rental demand. Its proximity to Exposition Park, the Los Angeles Memorial Coliseum, Downtown LA, LAX, Marina del Rey, Santa Monica, and Venice Beach further strengthens its appeal for both long-term tenants and furnished rental strategies.
With strong location fundamentals and flexible unit mix, this property offers investors a compelling opportunity to enhance cash flow, stabilize returns, and benefit from continued growth in one of Los Angeles' most resilient rental corridors.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Interior Features Bedroom on Main Level, Main Level Primary
Heating Central
Cooling None
Flooring Carpet
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Gas Range, Refrigerator
Laundry Gas Dryer Hookup, In Garage
Exterior
Parking Features Door-Multi, Driveway Level, Driveway, Garage, On Site, Paved, One Space, Garage Faces Side
Garage Spaces 2.0
Garage Description 2.0
Fence Average Condition, Block, Chain Link
Pool None
Community Features Biking, Park, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Asphalt,Tile
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Level, Near Public Transit, Paved, Rectangular Lot
Story 2
Entry Level One,Two
Foundation Raised
Sewer Unknown
Water Other
Level or Stories One, Two
New Construction No
Construction Status Repairs Cosmetic,Repairs Major
Others
Senior Community No
Tax ID 5022022005
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Private
Special Listing Condition Notice Of Default
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