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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 895,000
Est. payment | /mo
2,612 SqFt
$ 895,000
Est. payment | /mo
2,612 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $342
MLS Listing ID CRCV25081509
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1965
Lot Size 6,912 Sqft
Property Sub-Type Triplex
Property Description
We are pleased to exclusively offer for sale this 3 Unit (Tri-Plex) multi-family investment property located in the city of El Sereno. This property offers a desirable hillside location featuring a spacious 4-Bedroom/1.5-Bathroom single-family residence accompanied by two well-sized 2-Bedroom/1-Bathroom units. Together, the three units total 2,612 square feet of rental space on a 6,912 square foot lot, offering a rare chance to acquire a large, income-generating property with tremendous upside potential. All units are separately metered for electricity and gas, providing straightforward utility management and increased efficiency. Tenants enjoy the convenience of onsite paved parking and private laundry hookups, enhancing daily living and long-term tenant satisfaction. Located just minutes from the popular Hillside Village area, local parks, recreational amenities, and dining options, this property is ideally positioned to attract and retain tenants seeking both comfort and convenience. With approximately 60% upside in rental income, this asset is perfect for investors looking to reposition and maximize returns in a high-demand rental market.
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
View None
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227