$849,900
Excellent Investment Opportunity! Fully occupied triplex offering immediate rental income in a prime Los Angeles location. This well-maintained income property features three 1-bedroom, 1-bathroom units, each with separate gas and electric meters, providing efficient utility management. The front unit has been remodeled, and the property offers long-term, stable tenants. Situated behind a gated front entry for added privacy and security, the property also includes a detached 2-car garage with outstanding ADU potential (Buyer to verify with the City of Los Angeles), creating an excellent opportunity for future value enhancement and increased rental income. Conveniently located just minutes from SoFi Stadium, Hollywood Park, Kia Forum, LAX, major shopping centers, dining, entertainment, and easy freeway access, this property is ideally positioned in one of Los Angeles' most active investment corridors. All tenants are currently on month-to-month rental agreements. Property is being sold subject to the existing tenancies. Buyer shall assume all existing tenancies at the close of escrow. Tenant security deposits and any prepaid rents, if applicable, will be transferred and credited to Buyer through escrow. Please do not disturb occupants.
Listed by Seyed Razavi with Neo Remarketing (949) 385-0780
Property Type
Triplex
Status
Active
MLS Number
OC26146811
Year Built
1938
Lot Size
6,652 sq ft
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535 W 54th St, Los Angeles
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