Thank you
Cristina Warfield
Compass
310-437-7500
This Leimert Park triplex is a great opportunity for a building on an R-3 lot that backs to an alley. One unit will be delivered vacant, and the other two units have had recent 4% increase that is refelected in the rent rolls. The sellers have made many improvements, list upon request. The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive location for an owner to live in one unit and collect rents from the other two units, or a fantastic investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.
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Total Bedrooms : 6
Total Baths: 3
Full Baths: 0
Half Baths: 0
Roof : Composition,Shingle
Interior Features: Ceiling Fan(s)
Property Appliances: Disposal
Fireplace: None
Flooring: Carpet,Laminate
None
Air Conditioning
Floor Furnace,Natural Gas,Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1944
Building Area Total: 2,164
Roof: Composition,Shingle
Raised
Gated Community
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0947
Lot Size Source: Assessor
Lot Size Square Feet: 4125
Original List Price: 1,265,000
Listing Contract Date: 2024-01-28
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5023005021
Garage Description: Gated,Side By Side
Lease Term: Negotiable
Tenant Pays: Electricity,Gas,Water
Source Listing Status: Active
Source Neighborhood: PHHT - Park Hills Heights
Directions: Leimert and Martin Luther King Jr
Zoning: LAR3
Source Property Type: Residential Income
Area: PHHT - Park Hills Heights
Property Age: 80
Year Built Source: Assessor
Total Square Feet Living: 2164
Entry Location: Ground Level w/steps
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
5261 Weatherford Drive, Los Angeles, CA,90008 | $400,000 | -- | -- | -- | 4017 Sqft |
4436 Don Felipe Drive, Los Angeles, CA,90008 | $1,990,000 | 4 | 3 | 3,500 | 8157 Sqft |
3968 Arlington Avenue, Los Angeles, CA,90008 | $1,200,000 | 5 | 5 | 2,720 | 8143 Sqft |
4529 Don Ricardo Drive, Los Angeles, CA,90008 | $1,849,000 | -- | -- | -- | 14572 Sqft |
3834 Dublin Avenue, Los Angeles, CA,90008 | $1,888,888 | 5 | 4 | 3,988 | 6740 Sqft |
3874 Arlington Avenue, Los Angeles, CA,90008 | $1,109,900 | 4 | 3 | 1,730 | 8085 Sqft |
3860 Hepburn Avenue, Los Angeles, CA,90008 | $1,126,000 | 3 | 2 | 1,850 | 6001 Sqft |
3740 Santa Rosalia Driv.., Los Angeles, CA,90008 | $599,000 | 2 | 2 | 1,020 | 65211 Sqft |
2618 W Martin Luther Ki.., Los Angeles, CA,90008 | $1,195,000 | -- | -- | -- | 5910 Sqft |
4515 Don Quixote Drive, Los Angeles, CA,90008 | $1,499,000 | 3 | 2 | 1,479 | 7903 Sqft |
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ByOwner last updated this listing 05/21/2024 @ 04:35
MLS: 24353421
LISTED BY: Cristina Warfield, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.