This triplex boasts a spacious main house with 3 bedrooms, 2 modern bathrooms, a cozy fireplace, elegant crown moldings, and a beautiful wrought iron front door. Additionally, it offers 2 separate units, each with 2 bedrooms and 1 bathroom, providing strong rental income potential. The property also features a spacious backyard ideal for entertainment, complete with a built-in BBQ, stainless steel appliances, and a patio with stylish stamped concrete flooring.
We are pleased to present a great investment opportunity located in Unincorporated East Los Angeles. A unique mix of spacious Studios and 1 Bed + 1 Bath units. With many recent capital improvements (including copper plumbing - horizontal & vertical), this ideal real estate investment delivers a new owner to a well maintained property. The strong in-place rents still have realistic upside potential. This pride of ownership property is within a short distance to Whittier Blvd, a quick drive to Downtown Los Angeles as it is near the 60, 710 and 5 freeways. Buyer to assume the current Chase Loan (Apprx. $1,325,000 at 4.37% interest rate fixed until 07/01/2027 (contact listing agent for more details. Although rent control ordinance is in effect, this opportunity to increase rents is still allowable when due.
Mixed use property with residential 3 bed/1 bath upstairs and commercial unit on the ground floor (both occupied). There is a paved yard area at the rear and 2 car garage with striped parking in the front. Ground floor unit has a multi-year lease and upstairs residential unit is currently on a Month to Month.
The median home value in Los Angeles, CA is $603,300. This is lower than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $603,300. Approximately 32.7% of Los Angeles homes are owned, compared to 62.51% rented, while 4.8% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90022 has a population of 118,964. Los Angeles 90022 is less family-centric than the surrounding county with 30.41% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90022 is $54,629. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90022 is 32.7 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 15.3 inches per year, with 0 inches of snow per year.