Income-producing triplex opportunity in South Los Angeles with strong rental upside and one unit delivered vacant. This property features a front single-family residence and a rear duplex, offering an ideal setup for investors seeking stable income with future growth potential. The front house offers 2 bedrooms and 1 bathroom with… Read More a detached 2-car garage. The rear duplex consists of two 2-bedroom, 1-bathroom units, each with two assigned parking spaces. One unit will be delivered vacant at close of escrow, providing flexibility for owner-occupancy or immediate rent adjustment. Current rents total $5,502 per month, with projected market rents estimated between $2,700 and $2,900 per unit, presenting a clear value-add opportunity. Property is occupied by Section 8 tenants, offering consistent rental income and stability. Each unit is equipped with a wall-mounted gas heater, and the owner currently pays water. Property does not have central air conditioning. Refrigerators and stoves are included in all units. Convenient South Los Angeles location with strong rental demand and excellent accessibility to major employment and entertainment hubs (Minutes from major destinations such as SoFi, Stadium, Kia Forum, Intuit Dome, Hollywood Park development). The property is situated in a walkable residential neighborhood near schools, parks, shopping, and public transportation. Read Less
Courtesy of eXp Realty of Greater Los Angeles 888-652-1314
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,167
Lot Size
0.15 Acres
Year Built
1950
MLS Number
26672849
30 Days Snapshot Of 90047
$706k
+5%
(avg) sold price
8
+300%
homes sold
66
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
2,167 sq ft, Built in 1950, Levels: Multi/Split
Cooling
None
Disclosures
Property Report
Garage
Garage - 2 Car, Uncovered
Heating
Wall
Lot
LotAcreage: 0.1533, LotSizeArea: 6,678
Parking
TotalParking: 0
Property
NumberOfUnits: 3, Zoning: LARD2
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
