Description
Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6420 in monthly income before expenses, the property features a unit mix of one spacious 2-bedroom (there is an additional room being used as a 3rd bedroom) 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
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6BEDS
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0.12ACRES
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3BATHS
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01/2 BATHS
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2,830SQFT
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$382$/SQFT
School Ratings & Info
Description
Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6420 in monthly income before expenses, the property features a unit mix of one spacious 2-bedroom (there is an additional room being used as a 3rd bedroom) 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-28T17:34:58.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.