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$1,249,999
PW26132132 MLS Active Status
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.

845 W 56th Street, Los Angeles

$1,165,000
7 Beds 4 Baths 26833215 MLS Active Status
Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.

1305 W 37th Place, Los Angeles

$1,200,000
PW26073197 MLS Active Status
Located in the burgeoning Baldwin Hills area, 3526 Farmdale Avenue is a well-maintained triplex that presents a practical opportunity for either an owner-occupant or a long-term investor. This property sits in a steady and evolving pocket of the 90016 zip code, featuring two 2-bedroom units and one 1-bedroom unit. Each residence has been thoughtfully cared for with selective upgrades and classic details such as original hardwood floors. Outside, residents can enjoy a large, enclosed backyard shaded by mature lemon and avocado trees. The property is especially attractive for those looking to move in immediately or achieve market-rate rents, as the owner will deliver one 2-bedroom unit vacant. Beyond the home itself, the location is defined by significant local investment and infrastructure. Commuters are just a one-minute walk from the Farmdale Metro Station, offering a quick ten-minute ride to Downtown LA or a straight shot to Santa Monica. The surrounding neighborhood is rich in culture and growth, situated near the Black Cultural District and within walking distance of the renowned Lula Washington and Debbie Allen schools of dance. This area is also seeing transformative projects like the redevelopment of the Baldwin Hills Crenshaw Plaza into a multi-phase retail and residential hub, as well as the upcoming Stocker Street Creative film campus. For weekend recreation, the nearby Leimert Park Plaza remains a local staple for vibrant markets and community events.

3526 Farmdale, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.