Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit,… Read More a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request. Read Less
Courtesy of Compass 818-783-7721
Listing Snapshot
Days Online
94
Last Updated
Property Type
Other
Beds
10
Square Ft.
3,384
Lot Size
0.16 Acres
Year Built
1909
MLS Number
25499913
30 Days Snapshot Of 90042
$1.41M
+7%
(avg) sold price
8
0%
homes sold
96
+182%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven-Gas, Ceiling Fan, Range/Oven, Gas Dryer Hookup, Washer, Dryer
Building
3,384 sq ft, Built in 1909, Levels: Multi/Split, Craftsman
Cooling
Ceiling Fan
Disclosures
Rent Control, Seller/Owner/Principal RE Licensed
Accessibility Features
None
Exterior Features
Frame, Wood Siding, None
Fireplaces
None
Floors
Laminate, Tile
Foundation
Raised
Garage
Driveway - Concrete, Driveway Gate
Water Features
Water: Public
Heating
Wall Gas
Interior Features
None
Laundry
In Unit
Lot
LotAcreage: 0.1589, LotSizeArea: 6,923, Lot Shape-Rectangular, Fenced Yard
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