UPDATED:
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $539
MLS Listing ID SR25068338
Style All Other Attached
Bedrooms 6
Full Baths 3
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1946
Lot Size 6,072 Sqft
Acres 0.1394
Property Description
Prime 3-Plex Investment Opportunity in West Adams Spacious Units with Immediate Value-Add Potential! This well-maintained triplex offers a rare blend of immediate income potential and long-term upside. Featuring three spacious 2-bedroom, 1-bathroom units, this property is ideal for both investors and owner-occupants. One unit is fully remodeled with new flooring, an updated kitchen and bath, and modern fixtures premium rental pricing. Another unit is available for immediate occupancy or leasing at market rent, offering a built-in value-add opportunity. The two occupied units are already generating steady income at market rents, with one presenting future rent increase potential. Located in the heart of West Adams, one of LA's fastest-growing and most sought-after neighborhoods, this property offers the perfect blend of convenience and lifestyle appeal. With a Walk Score in the 80s, it provides easy access to trendy cafes, restaurants, and retail hotspots, while being just minutes from public transportation, the Metro Expo Line, and major freeways, making commuting a breeze. This is a rare chance to secure a property with strong current cash flow, prime location perks, and significant appreciation potential. Dont miss this exceptional investment opportunityschedule a private tour today!
Location
State CA
County Los Angeles
Area Los Angeles (90016)
Zoning LAR3
Interior
Cooling Electric
Flooring Linoleum/Vinyl
Exterior
Garage Spaces 3.0
Utilities Available Sewer Available
Roof Type Shingle
Total Parking Spaces 3
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Repairs Cosmetic
Others
Monthly Total Fees $41
Miscellaneous Suburban,Urban
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=JYftjwHog67
