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Listed by James Becker • Luxury 1 Agency
$1,145,000
Est. payment /mo
1,876 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $610
MLS Listing ID CRSB25166123
HOA Y/N No
Year Built 1957
Lot Size 7,986 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Calling all investors! This is a unique investment opportunity in one of LA’s fastest-growing markets. Only minutes from SoFi Stadium, the Intuit Dome, and other major attractions, this triplex boasts a front house, two studio units, and two nonconforming units. The front house is 3 bedroom, 2 bathrooms with market rent at $3,800/month; each studio is 0 bed, 1 bathroom with market rent at $1,200month each; the non-permitted studio spaces are $750/month each. In total the property yields $7,700/month, not including the income from the nonconforming units. Additional potential lays ahead with ability to monetize parking during games and events locally. With a 7.5% cap rate, this is nearly unheard of in Southern California—especially in a location set to benefit from the 2028 Olympics. Whether you’re aiming for long-term tenants or exploring short-term rental options, the possibilities are endless.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613