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$ 1,090,000
Est. payment | /mo
4 Beds
2,004 SqFt
$ 1,090,000
Est. payment | /mo
4 Beds
2,004 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,004 sqft
Price per Sqft $543
MLS Listing ID CL26849181
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 7,255 Sqft
Acres 0.17
Property Sub-Type OTHER
Property Description
RARE ADAMS DISTRICT/JEFFERSON PARK PRIDE OF OWNERSHIP TRIPLEX! FIRST TIME ON THE MARKET IN OVER 75 YEARS! EXCELLENT INCOME POTENTIAL WITH FUTURE UPSIDE! Rare opportunity to own a charming and well-maintained triplex in the highly sought-after Adams District. Originally built as a single-family residence, this unique property offers a desirable front house address 2531featuring 2 bedrooms and 1 bath, complemented by two additional 1-bedroom 1-bath units that were later added on top of the home, creating an ideal owner-user and investment opportunity. The spacious front home residence showcases original character and timeless charm, featuring hardwood floors, crown moldings, substantial baseboards. The welcoming living room with built-in shelves, offers a decorative fireplace, and flows seamlessly into the large formal dining room with large storage closet. A generous kitchen featuring granite countertops, double stainless steel sinks, and ample wood cabinet space. A full bathroom, with tub and separate shower stall. A separate laundry room provides added convenience and leads to a rear entrance that opens directly to the backyard and parking area with 3 garages and patio area. All three units are extremely lovely with its own character and offer attractive granite countertops and have been lovingly maintained throughout the years, reflecting true pride of ownership. Up stairs are both 1 bedrooms 1 bath units. 2531 1/4 bright upper front unit, overlooks the front of the building, walk into the large bedroom, with mirrored sliding closet doors, living room with window A/C unit, bathroom and kitchen. Unit 2531 1/2, upstairs unit is also charming with living room, bedroom, kitchen and bathroom. The property features a concrete backyard, a long driveway leading to a three-car garage, and abundant on site space for multiple vehicles parking, and also off-street parking. Situated in a high-demand rental area with strong tenant demand and steady growth, this income-producing property offers excellent upside potential for investors seeking a value-add opportunity. The location is centrally positioned near the Metro Expo Line, major freeways, shopping, dining, Downtown Los Angeles entertainment. All three units are currently occupied, providing immediate rental income. This property sits on a large lot with potential ADU opportunities for future income enhancement, adding to the appeal of this income-producing triplex in the desirable Adams District. Properties of th
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Heating Gravity, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet, Wood
Fireplace No
Laundry Laundry Room, Inside
Exterior
Exterior Feature Back Yard
Total Parking Spaces 7
Building
Lot Description Back Yard
New Construction No
Others
Tax ID 5059019006
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Listed by Linda Roth Burrell • Keller Williams Larchmont
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