$1,275,000
Excellent Income-Producing Triplex with New Construction Units. **Seller will consider owner financing with at least 20% down** Fantastic opportunity to own a well-maintained triplex featuring a charming front single-family residence and two new construction rear units, thoughtfully designed for strong rental income. The front detached home (1612), built in 1927, offers classic character with modern updates. This 2-bedroom, 1-bath residence has 928 sq ft and features wood flooring throughout, with tile flooring in the kitchen. The updated kitchen includes quartz countertops, modern appliances, and private in-unit laundry. The home also enjoys a private front yard and a long driveway accommodating up to three vehicles. The front house is currently rented at $3,016/month. Behind the front residence, a shared courtyard separates the buildings and creates a welcoming common outdoor space. The two rear units (1614 & 1614 ½) were newly built in 2024, offering modern layouts and finishes. Unit 1614 is a two-story townhome-style unit featuring an open-concept living and kitchen area with a half bath on the main level. Upstairs includes two generously sized bedrooms with walk-in closets, a full bathroom, and a dedicated laundry area in the hallway. This unit is currently rented for $3,000/month. Unit 1614 1/2 is s a studio unit, attached to 1614, and currently rented for $1,575/month. The rear units include assigned parking located at the back of the property. With a strong rental lineup, a blend of historic charm and modern construction, and excellent income already in place, this property presents a compelling opportunity for investors or owner-users seeking long-term value.
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Listed by Sergio Scerra with Cali Keys Realty (310) 977-8495
Property Type
Triplex
Status
Active
MLS Number
PW26005900
Year Built
2025
Lot Size
5,484 sq ft