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$1,080,000

Est. payment - /mo

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2,764 SqFt

Active Under Contract

132 S Avenue 56 Los Angeles, CA 90042

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/17/2024 09:50 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $390

MLS Listing ID CV24160474

HOA Y/N No

Year Built 1908

Lot Size 10,175 Sqft

Property Description

Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street?an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it?s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD2

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Interior

Laundry Location Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Garage Driveway, Garage

Garage Spaces 4.0

Carport Spaces 1

Garage Description 4.0

Fence Chain Link

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition,Shingle

Parking Type Driveway, Garage

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Near Public Transit, Rectangular Lot, Street Level, Yard

Faces North

Story 2

Entry Level Multi/Split

Foundation Combination

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5468025009

Acceptable Financing Cash to New Loan, Conventional, FHA, Submit

Listing Terms Cash to New Loan, Conventional, FHA, Submit

Special Listing Condition Standard, Trust

Listed by Jesse Sanchez • PAK HOME REALTY • 562-713-2941

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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