An exceptional opportunity to reside in the desirable Park Hills Heights neighborhood, offering a fantastic alternative for those considering a condo or single-family home. This property presents significant owner-occupancy potential, ideal for buyers who wish to live in one unit while benefiting from rental income generated by the other units. Front 2 bedroom unit can be vacant at close of escrow. Additionally, there are value-add opportunities with rental upside: currently 100% occupied with rents below the market rate, providing the chance to adjust rents as tenants vacate. With the added potential to add an Accessory Dwelling Unit (ADU), this property offers strong income growth prospects, making it a great option for both investors and developers. A well-maintained multi-family triplex located in the heart of Los Angeles. This spacious property features one 2-bedroom, 2-bathroom unit and two 1-bedroom, 1-bathroom units. Each unit blends original hardwood floors with modern updates, preserving the building's charm while offering a warm, inviting atmosphere enhanced by abundant natural light. The front 2-bedroom, 2-bathroom unit boasts an open-concept layout, ideal for flexible living. All units are equipped with washer and dryer hookups, as well as private garage spaces for added convenience. The property offers both front and back yards, providing ample space for outdoor enjoyment and entertaining. With LARD2 zoning, there's potential for future development, check with the City and County for specific development options. Ideally located in the vibrant Park Hills Heights neighborhood, this property is adjacent to the Windsor Hills, View Park, and Ladera Heights areas. It's within walking distance of Ladera Park and the bustling Slauson/Overhill corridor, filled with shops and dining options. Just minutes from Ladera Park, Kenneth Hahn Park, the Culver City Stairs, Fox Hills, major freeways, the Inglewood stadiums, LAX, and Marina Del Rey, this property offers unparalleled convenience in one of Los Angeles' most dynamic neighborhoods. Consider this opportunity to own a versatile property in one of LA's most exciting and sought-after neighborhoods.
Days on market: 51
Listing updated: April 30, 2025 - 09:25:04
Listed by: Rena Braud DRE #01128549 310-437-7500, Compass - Southwest Los Angeles
Source: Southwest Los Angeles, MLS#: CLW-X8146110 Originating MLS: CRMLS
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