$720,000
$825,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
6,912 Sqft Lot
SOLD DATE : 09/30/2025
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25081509
Sold Date 09/30/25
HOA Y/N No
Year Built 1965
Lot Size 6,912 Sqft
Property Sub-Type Triplex
Property Description
JUST REDUCED! PRICED TO SELL! We are pleased to exclusively offer for sale this 3 Unit (Tri-Plex) multi-family investment property located in the city of El Sereno. Now offered at a current 5.1% CAP Rate and 13.5 GRM, this property offers a desirable hillside location featuring a spacious 4-Bedroom/1.5-Bathroom single-family residence accompanied by two well-sized 2-Bedroom/1-Bathroom units. Together, the three units total 2,612 square feet of rental space on a 6,912 square foot lot, offering a rare chance to acquire a large, income-generating property with tremendous upside potential.
All units are separately metered for electricity and gas, providing straightforward utility management and increased efficiency. Tenants enjoy the convenience of onsite paved parking and private laundry hookups, enhancing daily living and long-term tenant satisfaction.
Located just minutes from the popular Hillside Village area, local parks, recreational amenities, and dining options, this property is ideally positioned to attract and retain tenants seeking both comfort and convenience. With approximately 60% upside in rental income, this asset is perfect for investors looking to reposition and maximize returns in a high-demand rental market.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Paved
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Flat,Shingle
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5218020037
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Michael Henderson Compass
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