$760,000
Exceptional investment opportunity in South Los Angeles! This triplex features three spacious units, each offering 2 bedrooms, 1 full bathroom, and individual washer and dryer hookups for added tenant convenience. With a total of 6 bedrooms and 3 bathrooms, this property is an excellent opportunity for investors or owner-users looking to build equity and maximize rental income. The property is being sold AS IS and is in need of repairs and updating, offering the perfect opportunity to renovate and add value. A long driveway provides ample off-street parking for tenants, with additional onsite parking located behind the two rear units. The property also features a grassy front yard and mature trees in the rear, creating a pleasant outdoor setting. Conveniently located in South Los Angeles with easy access to major freeways, public transportation, shopping, schools, and neighborhood amenities, this multifamily property offers tremendous upside potential in a strong rental market. Whether you're looking to renovate and hold for long-term income or add to your investment portfolio, this is an opportunity you won't want to miss.
Listed by Maisah Howard with Pinnacle Estate Properties, Inc. (661) 705-3200
Property Type
Triplex
Status
Active
MLS Number
SR26147289
Year Built
1963
Lot Size
5,101 sq ft
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1247 W 62nd, Los Angeles
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