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$2,000,000
9 Beds ⋅ 6 Baths ⋅ 26866219 MLS ⋅ Active Status
Positioned in the crown jewel of Koreatown, near the iconic intersection of Normandie Avenue and Wilshire Boulevard, this exceptionally rare 100% vacant triplex presents one of Los Angeles' most compelling value-add investment opportunities. Comprised of three spacious 3-bedroom units, this LAR4-zoned property offers a true blank canvas with significant repositioning potential, allowing the next owner to immediately renovate, modernize, reposition, or explore future development and entitlement opportunities (buyer to verify). Delivered completely vacant at the close of escrow, this is a rare opportunity to maximize rental income from day one without the challenges of tenant relocation or existing rent-control restrictions. Whether you're an experienced investor, developer, contractor, or owner-user with a vision, the possibilities are endless. Ideally situated just moments from Wilshire Boulevard, Metro stations, Downtown Los Angeles, world-class dining, shopping, entertainment, and major employment centers, this premier location continues to experience strong rental demand and long-term appreciation. Opportunities to acquire a fully vacant triplex in the heart of Koreatown are extraordinarily scarce. Bring your vision, unlock the tremendous upside, and capitalize on this rare opportunity to create a premier income-producing asset in one of Los Angeles' most sought-after investment corridors..

926 S Normandie Avenue, Los Angeles
$1,200,000
3 Beds ⋅ 2 Baths ⋅ 26671543 MLS ⋅ Active Status
Los Angeles! SFR R3 Zoning! Water heater unit newly replaced December 2025! Entire roof replacement done yr2020. The garage has been transformed into an awesome storage room! Held by the same family since 1975, 178 N Mariposa Ave is not just a development opportunity; it is a family-maintained, move-in-ready home perfect for an owner-occupant or a sophisticated investor! Rarely does a home offer such a perfect harmony of historic soul and meticulous care! Unlike many homes of this era, this residence boasts pride of ownership. From the inviting front porch to the spacious 1,608sqft interior, the home feels solid, warm, and exceptionally cared for. Enjoy a spacious 3-bedroom, 2-bathroom layout with 'good bones,' a cozy fireplace, and a massive, lush backyard that feels like a private park in the middle of the city. It's a peaceful sanctuary just minutes from the energy of Koreatown, Silver Lake, and Hollywood - approximately a 3-mile drive to DTLA and a 5-mile drive to Beverly Hills. The LAR3 zoning and 6,020sqft lot provide a massive safety net. Live in or rent out this well-maintained home now while you plan for future development or the addition of a high-end ADU. Same family ownership for over 50 years. Experience the warmth of a true family home and the security of a premier Los Angeles investment.

178 N Mariposa Avenue, 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.