Description
Rare opportunity to own a 3-unit property in the desirable miracle mile district—perfect for tic conversion, multi-generational living, owner-occupants, or investors. this property presents significant value-add potential through interior and exterior upgrades or a tic conversion, with 2 units vacant. the unit mix includes a spacious 3-bedroom, 1.5-bath unit (approx. 1,200 sq ft), an upgraded 2-bedroom, 1-bath unit (approx. 933 sq ft), and a 2-bedroom, 1-bath unit (approx. 1,080 sq ft). amenities include three one-car garages and a shared laundry room for extra income. the units feature hardwood floors and abundant midcentury charm. situated in a high-demand rental market popular with young professionals, this triplex is moments away from museum row, home to lacma, the academy museum, petersen automotive museum, and la brea tar pits, as well as exceptional shopping, dining, and entertainment with a walk score of 91. it’s close to the grove, beverly center, cedars-sinai, and koreatown, with easy access to ucla, usc, downtown la, and the 10 freeway. a new purple line subway station, set to open in 2025, will connect downtown to westwood, enhancing future value. ideal for investors or owner-occupants seeking a condo or single-family home alternative, this property promises stable, long-term wealth growth and appreciation.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48128502
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Exterior Property Features : Awning(s)
- Interior Features: Ceiling Fan(s),Bedroom on Main Level,Walk-In Closet(s)
- Fireplace: None
- Flooring: Laminate,Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1949
- Building Area Total: 3,194
Exterior Features
- Awning(s)
Security Features
- Gated Community
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Privacy
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1317
- Lot Size Source: Assessor
- Lot Size Square Feet: 5738
-
Listing Information
Listing Price Information
- Original List Price: 1,525,000
- Listing Contract Date: 2024-12-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5089013002
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Trash Collection
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 4625
- Directions: Located within Los Angeles' famed Miracle Mile, North of W. Olympic Blvd, East of S. Fairfax Ave, this asset is situated in one of the city's most prestigious neighborhoods
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C17 - Mid-Wilshire
- Property SubType: Triplex
Building and Construction
- Property Age: 75
- Common Walls: 2+ Common Walls
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/23/2024 @ 20:55
- MLS: SR24222759
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 3,194 sqft, 5,738 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90036, this Los Angeles County Home are nearby neighborhoods.