Prime East Los Angeles Triplex with Panoramic Neighborhood Views and Strong Income Potential. Welcome to this well-positioned triplex in the desirable area of East Los Angeles, offering an excellent opportunity for investors, owner-users, or buyers seeking a multi-unit property with immediate rental income and long-term upside. Perched on a hillside, the property enjoys elevated views overlooking the surrounding El Sereno neighborhood and toward Cal State LA, creating a distinctive setting that is rarely found in an income property. The property consists of three residential units, each listed in public records as a 2-bd, 1-ba configuration with modifications previously made to two of the units, including one configured with 4-bd, 2-ba and another with 3-bd, 1-ba. Buyers are encouraged to independently verify all permitted and unpermitted improvements, square footage, bedroom and bathroom counts, zoning, and other property characteristics. One unit includes a private 1-car garage, while the other units utilize street parking. The property is currently fully occupied, with all three units generating positive income. Conveniently located minutes from the 10 and 710 freeways, Downtown Los Angeles, and Cal State LA, the property offers excellent access to employment centers, educational institutions, shopping, dining, transportation, and the many amenities of Northeast Los Angeles. With its hillside location, attractive views, three-unit configuration, established rental income, and proximity to major transportation corridors and Cal State LA, this property presents an exceptional opportunity to acquire a multi-family asset in a highly connected Los Angeles location. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all property information independently.
| MLS # | DW26177896 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 18 |
| Listing Provided By | Luis Gerardo Ramirez | Luis Ramirez |
| SQ Feet | 2,275 |
|---|---|
| Garage | 1 |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.14 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Lot Features | Zero To One Unit Acre |
|---|
| Parking Features | On Street |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Urban |
|---|
| Property | 9747 |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | City Terrace |
| Zip Code | 90063 |
| Area | CTER City Terrace |
| Listing VS Median (in 90063) | |
Price: $950,000 low | high Med: $949,975 sqft: 2,275 low | high Med: 3,486 $ / sqft: $418 low | high Med: $310 On site: 18 low | high Med: 44 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | City Terrace |
| Zip Code | 90063 |
| Area | CTER City Terrace |
| Listing VS Median (in 90063) | |
Price: $950,000 low | high Med: $949,975 sqft: 2,275 low | high Med: 3,486 $ / sqft: $418 low | high Med: $310 On site: 18 low | high Med: 44 | |