This Leimert Park triplex is a great opportunity for a building on an R-3 lot that backs to an alley. One unit will be delivered vacant, and the other two units have had recent 4% increase that is refelected in the rent rolls. The sellers have made many… Read More improvements, list upon request. The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive location for an owner to live in one unit and collect rents from the other two units, or a fantastic investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City. Read Less
Property listed by Compass, Cristina Warfield 310-652-6285
Listing Snapshot
Days Online
410
Last Updated
Beds
6
Square Ft.
2,164
Lot Size
0.09 Acres
Year Built
1944
MLS Number
24353421
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1944, Living area: 2164.0, 2 buildings, Building faces North, 2 stories, Levels: One, Entry location: Ground Level w/steps
Community
Gated
Cooling
None
Disclosures
RentControl
Fireplaces
None
Floors
Carpet, Laminate
Foundation
Raised
Heating
FloorFurnace, NaturalGas, WallFurnace
Income
Gross Income: $110,400, Net Operating Income: $82,800
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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