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$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
3,024 SqFt
$ 1,250,000
Est. payment | /mo
8 Beds
4 Baths
3,024 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $413
MLS Listing ID 26851221
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1945
Lot Size 5,954 Sqft
Property Description
RICE IMPROVEMENT! Exceptional trophy investment opportunity in one of Los Angeles' most sought-after rental corridors. This extensively upgraded triplex offers strong in-place income, pride of ownership, and substantial value-add potential through planned unit expansion and the opportunity to add ADUs (buyer to verify).Positioned directly across from the Metro E Line, tenants enjoy immediate access to Downtown Los Angeles, Santa Monica, and major employment centers, creating a highly desirable transit-oriented living experience. Located just blocks from USC, the property is ideally suited for student housing and maximizing rental income potential. The property features three clean, well-maintained units, significant recent capital improvements, and multiple avenues for future revenue growth. Situated within walking distance of Exposition Park, the Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, BMO Stadium, the Rose Garden, IMAX Theater, and numerous dining and entertainment destinations, the location offers an exceptional lifestyle and rental appeal. With a Walk Score of 74 and Bike Score of 82, this vibrant and rapidly growing neighborhood continues to attract students, young professionals, and long-term residents alike. Rarely does an asset combine turnkey condition, premier location, transit accessibility, and meaningful development upside in such a compelling package. A true legacy investment delivering immediate cash flow today with significant long-term appreciation and income growth potential. Contact listing agent for additional information.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR2
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher
Exterior
Parking Features Driveway
Community Features Gated
Total Parking Spaces 7
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5041036029
Security Features Gated Community
Special Listing Condition Standard

Listed by Payam Shamouil Coldwell Banker Realty #01818860
NEARBY SCHOOL & BUSINESS

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