$1,520,000
$1,295,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
9,226 Sqft Lot
SOLD DATE : 12/27/2024
Key Details
Sold Price $1,520,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-19917
Sold Date 12/27/24
HOA Y/N No
Year Built 1925
Lot Size 9,226 Sqft
Property Description
An incredible Tri-plex investment opportunity awaits! Located in the heart of NE LA's Eagle Rock community and first time on the market in about 61 years, this privately owned property features a side-by-side Duplex and a 3rd unit above a large 3-car garage on a spacious 9,225 sq ft lot. All three units have gone through renovations with updates including new paint, updated electrical, copper plumbing, newer roofs, tankless water heaters and refinished original wood or new wood-like flooring. The duplex units each feature 2 beds/1 baths with original wood floors, a set-in breakfast nook area in the kitchens, individual laundry rooms and high efficiency mini-split A/C & Heating wall units. Above the garage is the 1 bed/1 bath unit featuring a newly remodeled bathroom, new paint, and new wood-like flooring. The 3-car garage boasts a 1/2 bath and has plenty of room for cars/personal items or can potentially be converted into a 4th unit to maximize your investment! The best part, all 3 units are delivered vacant for your earnings potential, with additional space for added parking just behind the garage. Conveniently located just two blocks south of Colorado Blvd with close proximity to shops, restaurants, places of worship and minutes from Occidental College. It's a perfect opportunity for anyone seeking multi-unit investing and living in a desirable Eagle Rock neighborhood.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Interior
Interior Features Walk-In Closet(s)
Heating Ductless, High Efficiency
Cooling Ductless, High Efficiency, Wall/Window Unit(s)
Flooring See Remarks, Tile, Wood
Fireplaces Type None
Fireplace No
Appliance Convection Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
Laundry Laundry Room, See Remarks
Exterior
Exterior Feature Balcony
Parking Features Garage, Gravel, Uncovered
Garage Spaces 3.0
Garage Description 3.0
Fence Block
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Porch Balcony
Total Parking Spaces 3
Private Pool No
Building
Lot Description Sprinklers None
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 5682020005
Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Trust
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Bought with Julius Chung • Neozips Realty, Inc.
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Broker Associate | Lic# 01398838