Situated in the heart of Park Mesa Heights, this well-maintained Spanish-style triplex offers a rare opportunity for both investors and owner-occupants. Built in 1931, the property features a detached front bungalow, providing privacy and the feel of a single-family residence.The property consists of three updated units totaling approximately 3,028 square… Read More feet, with 7 bedrooms and 5 bathrooms overall. The front detached bungalow features a spacious 3-bedroom, 1-bath layout, while the two rear units each offer 2 bedrooms and 1.5 bathrooms.All units have been updated, and the current owner has completed major system replacements, details of which are outlined in the seller disclosures, offering added confidence and reduced near-term capital expenses. One unit is currently vacant, making this an ideal opportunity for an owner-occupant or an investor seeking immediate upside.Additional highlights include a gated driveway, detached garage, and four on-site parking spaces. The property is located in a neighborhood supported by ongoing city-backed development, contributing to long-term growth and demand.Conveniently located near the Crenshaw K Line, providing direct connectivity to LAX and seamless access to the Expo Line, offering easy routes to DTLA and the beaches. The property also enjoys close proximity to Inglewood's major stadiums and entertainment district, enhancing both rental appeal and lifestyle convenience.Buyers may be able to explore favorable financing options, including programs that allow for interest rate flexibility and credits that may be applied toward down payment or closing costs. A versatile, income-producing asset with owner-user flexibility in a rapidly evolving South Los Angeles location. Read Less
Property listed by Compass, 310-652-6285
Listing Snapshot
Days Online
44
Last Updated
Beds
7
Square Ft.
3,028
Lot Size
0.15 Acres
Year Built
1931
MLS Number
26642913
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1931, Living area: 3028.0, 3 buildings, Building faces West, Levels: Two, Entry level: 1
Cooling
WallWindowUnits
Disclosures
RentControl
Garage
1 spaces
Income
Gross Income: $7,256, Net Operating Income: $78,200
Interior Features
CeilingFans
Laundry
Stacked
Lot
0.1463 acres
Parking
3 open parking spaces, 4 total parking spaces, Assigned
Property
UpdatedRemodeled
Taxes
Parcel Number: 4006018016, Zoning: LAR3
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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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