Property Detail

Description

Three-unit South LA triplex on a single lot, one mile from USC and the Coliseum, listed at $569,000. Unit mix: one 3 BR / 2 BA and one 2 BR / 1 BA unit and 1 Br/ 1 Ba unit. The three bedroom unit was remodeled when the seller purchased. Current rents total $4,450 per month. Comparable rents in the submarket for this unit configuration suggest meaningful upside on turnover. 1913 construction, 2,320 square feet of building area, surface parking at rear via shared driveway. Subject to the Los Angeles Rent Stabilization Ordinance (RSO).A strong fit for value-add investors, 1031 exchange buyers, and eligible owner-users looking to live in one unit and rent the others. Walkable to Metro, minutes to Downtown, Exposition Park, and the broader USC and South Park sports and entertainment corridor.Sold occupied and as-is. Offering memorandum and rent roll available on request. Drive-by only interior access by appointment for qualified buyers