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$848,000
Est. payment /mo
4 Beds
3 Baths
4,221 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26123505
Bedrooms 4
Lot Size 4,221 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
PRICE REDUCED TO $845,000! Rare East Los Angeles Triplex with Two Units Delivered Vacant at Close of Escrow! Don't miss this exceptional opportunity to own a versatile triplex in East Los Angeles that is ideal for both owner-occupants and investors. Two unitsa spacious 2-bedroom, 1-bath and a 1-bedroom, 1-bathwill be delivered vacant at the close of escrow, giving you the flexibility to move in, lease at today's market rents, or create the perfect house-hacking opportunity. The third unit is tenant-occupied, providing immediate rental income from day one. This income-producing property offers the opportunity to live in one unit while renting the others, helping offset your monthly mortgage and build long-term wealth through real estate. Eligible owner-occupants may qualify for FHA financing with as little as 3.5% down, subject to lender approval, borrower qualification, and property eligibility. Perfect for first-time multifamily buyers, experienced investors, or anyone looking to expand their real estate portfolio, this property offers immediate upside with two vacant units and excellent long-term appreciation potential. Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, Cal State LA, and major freeways including the 5, 10, 60, and 710, you'll enjoy easy access to employment centers, shopping, restaurants, schools, parks, and public transportation. The strong rental demand in East Los Angeles makes this an outstanding long-term investment.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of Ford Blvd and 4th St (2 units located on Ford Blvd)
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5247004023
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Carlos Martinez, DRE#01912497 MARCAR RE Brokers Corp.
Nearby School & Business
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