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$ 1,885,000
Est. payment | /mo
7 Beds
5 Baths
6,001 Sqft Lot
$ 1,885,000
Est. payment | /mo
7 Beds
5 Baths
6,001 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26029568
Bedrooms 7
Lot Size 6,001 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A rare opportunity to own a standalone residence with built-in income, this thoughtfully renovated two-building triplex offers privacy, flexibility, and long-term potential in a central Los Angeles location. The front homeseparate from the rear unitslives like a single-family residence, complete with its own driveway and carport accommodating 45 cars in tandem, a true luxury in the city. Inside, the front residence features two ensuite bedrooms, bonus upstairs living space, and an open-concept floorplan that flows seamlessly from the front door through the main living areas and out to the patioideal for everyday living or hosting. Recent upgrades include a new foundation (allowing for future vertical expansion, buyer to verify), new sewer lines serving both buildings, upgraded drainage with a sump pump system, a new side fence, and interior improvements such as updated medicine cabinets, tub, and additional electrical outlets. The rear building provides two additional unitsa one-bedroom residence on the lower level and a three-bedroom residence abovealong with an attached two-car garage. All units include in-unit laundry hookups, offering convenience for occupants and ease of ownership. The front home is currently furnished and set up for 30+ day rental use, while existing rents include a scheduled 3% annual increase in May, bringing monthly rent to $5,857.34. Ongoing landlord expenses are minimal and primarily limited to water/refuse, yard maintenance, and pest service. There are also plans that have been submitted and are currently awaiting approval for an ADU layout invo
Location
State CA
County Los Angeles
Zoning Assessor
Direction between Beverly Blvd and Council Street
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5156010004
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by Maggie Ding, DRE#01414326 Compass