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$ 1,675,000
Est. payment | /mo
7 Beds
3,194 SqFt
$ 1,675,000
Est. payment | /mo
7 Beds
3,194 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,194 sqft
Price per Sqft $524
MLS Listing ID CRSR24188149
Bedrooms 7
HOA Y/N No
Year Built 1949
Lot Size 5,738 Sqft
Acres 0.13
Property Description
Incredible Opportunity for a TIC Conversion, Owner/Users, Multiple Generations, or Investors to own a 3-unit property in the coveted Miracle Mile district. Significant value-add potential via interior/exterior updates or a TIC conversion. This is a value-add opportunity Now 2 units are vacant. This income property boasts a strong unit mix consisting of (1) a large 3 bedroom + 1.5 Bathrooms unit (approx. 1200 sq ft), (1) an upgraded 2 bedrooms + 1 bathroom (approx. 933 sq ft), and (1) 2 bedroom + 1 bathroom (approx. 1080 sq ft). The property has three 1-car garages and a dedicated laundry room for additional income. Hardwood flooring throughout with tons of midcentury charm. Triplex is located in an ‘A’ rental market that is consistently sought-after by high-income young professionals. Located moments from Museum Row, which includes LACMA, The Academy Museum of Motion Pictures, The Petersen Automotive Museum, and La Brea Tar Pits. There are endless opportunities for world-class shopping, dining, and entertainment options with a walk score of 91 (walker’s paradise) yet on a quiet street. A short distance away at The Grove/Farmer's Market, Beverly Center, Cedars-Sinai, and Koreatown. The property has easy access to UCLA, USC, Downtown LA, and the 10 Freeway. The Purple Line Su
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Central
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Laundry Common Area, Community Facility
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 5089013002
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Listed by Natalie Alchadeff • Equity Union