Description

Excellent value-add triplex opportunity in a strong Los Angeles rental market, just minutes from Downtown Los Angeles. It is conveniently located near SoFi Stadium, Target, Costco, and major highways – 110 and 405. Property features a desirable unit mix of (1) Front detached 3-bedroom/2-bath house (currently vacant) on 2 levels with inside washer/dryer hookups, central HVAC, separate electricity and gas utilities -- ideal for owner-occupancy; (1) back second level 1-bedroom/1-bath unit with a balcony (tenant-occupied and paying), central HVAC, inside washer/dryer hookups, pays 50% of electricity and gas utilities; and (1) studio unit with one bath, washer/dryer hookups, and air conditioner. No common wall(s). All garages on the ground floor below the one bedroom unit. This property is ideal for investors seeking upside through lease optimization and repositioning. Front 3-bedroom unit delivered vacant at close, offering immediate rental or owner-user potential. A long-term tenant in good standing currently occupies one unit. Studio unit presents additional upside potential (see agent remarks). Property to be sold as-is. Buyers to conduct their own due diligence regarding rents, expenses, and tenancy.