Description

Rare opportunity to acquire a fully remodeled triplex in the heart of Los Angeles featuring extensive permitted improvements completed in 2024. The property offers investors immediate cash flow with market rents already in place. For owner-users, the seller may deliver the property vacant, creating a unique opportunity to occupy one or more units while benefiting from rental income. The property consists of a spacious front residence and two rear units, all thoughtfully renovated with modern finishes throughout. Recent upgrades include remodeled kitchens and bathrooms, updated flooring, recessed lighting, dual-pane windows, a new roof, HVAC improvements, and a permitted ADU conversion. The front residence showcases an impressive open-concept floor plan with soaring vaulted ceilings, designer lighting, a large center island, and contemporary finishes that create a true single-family home feel. The rear units have also been extensively remodeled, providing turnkey living and strong rental appeal. Additional features include six on-site parking spaces, LAR2 zoning, separate living areas, and a prime location with convenient access to USC, Exposition Park, Downtown Los Angeles, major freeways, shopping, dining, and employment centers. Whether you’re seeking a turnkey investment, a multigenerational living opportunity, or an owner-user property with income potential, 845 W 56th Street offers flexibility, quality, and long-term value.