$1,490,000
Seize a rare opportunity to acquire a fully occupied, cash-flowing triplex in West Adams one of Los Angeles' most dynamic neighborhoods. Offered at $1,490,000 with a 13.96 GRM and a 5.24% cap rate, this turnkey asset delivers immediate, stable returns from day one. The property features a strong unit mix: a 4BD/2BA main unit, a 3BD/2BA second unit, and a 1BD/1BA rear unit (non-RSO) with large private yard maximizing rental income. The property has also been meticulously maintained with many upgrades including copper plumbing, electrical, roof to name a few. Located just 12 minutes from USC, the property draws from a deep and consistent rental pool of students, faculty, and university-area professionals. Quick access to the I-10 and CA-110 freeways puts tenants within easy reach of Downtown Los Angeles, Culver City, and beyond.
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Listed by Diana Tiao with The Collective Realty (310) 569-1335
Property Type
Residential Income
Status
Active
MLS Number
26699447
Year Built
1927
Lot Size
6,504 sq ft