Los Angeles Homes with Triplex Subtype

Los Angeles Homes with Triplex Subtype

Welcome to Los Angeles, the City of Angels, where sun-kissed beaches meet the vibrant pulse of urban life! Nestled in Los Angeles County, this sprawling metropolis is renowned for its diverse culture, iconic landmarks, and year-round pleasant weather. From the glamorous Hollywood Hills to the artistic enclaves of Silver Lake, Los Angeles offers something for everyone, making it one of the most sought-after locations in California.

Among the many housing options available in this dynamic city, triplex homes stand out as a unique investment opportunity. A triplex, a multifamily dwelling divided into three separate units, provides not only a comfortable living space but also the potential for rental income. Imagine living in one unit while renting out the other two—it's an excellent way to offset mortgage costs and build equity in one of the most desirable real estate markets in the country.

Los Angeles triplexes are often found in vibrant neighborhoods, close to amenities like trendy cafes, bustling markets, and lush parks. With a variety of styles ranging from classic California bungalows to modern architectural gems, these homes offer flexibility and charm. Whether you're a first-time buyer looking to make a smart investment or an experienced landlord seeking to expand your portfolio, triplexes in Los Angeles promise both lifestyle and financial benefits.

Explore the possibilities that await you in this iconic city. With its rich history, cultural diversity, and endless entertainment options, living in a triplex in Los Angeles is not just a home—it's a lifestyle!

Newest Los Angeles Homes with Triplex Subtype

211 N Serrano, Los Angeles
$1,200,000
GD26236164 MLS ⋅ Active Status
We are pleased to present 209–211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility. With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.

211 N Serrano, Los Angeles

1325 W. 24th Street, Los Angeles
$1,550,000
GD26236143 MLS ⋅ Active Status
We are pleased to present 1325–1327 W. 24th Street, a rare opportunity to acquire a 100% vacant, three-unit multifamily property located approximately one mile from the University of Southern California's University Park Campus. One of the property's most compelling features is its 100% vacant delivery, providing investors with the exceptional opportunity to establish a new tenant base, implement a customized leasing strategy, and pursue current market rents without inheriting existing tenants or below-market leases. The property consists of a newly constructed two-story front duplex completed in 2023, together with a renovated rear residential unit originally constructed circa 1922. The property offers approximately 2,738 square feet of building area on a 5,903-square-foot lot. The residential configuration includes two four-bedroom/four-bathroom units and one three-bedroom/three-bathroom unit, providing a total of 11 bedrooms and 11 bathrooms. These multiple-bedroom layouts present an attractive opportunity for investors considering student-oriented rentals, traditional residential leasing, or other legally permissible rental arrangements. At the asking price of $1,550,000, the property offers a projected 6.53% capitalization rate, based on estimated monthly rental income of $12,650, or $151,800 annually. The pro forma assumes rental income averaging $1,150 per bedroom per month, a 2% vacancy allowance, and estimated annual operating expenses of $47,480, resulting in projected Net Operating Income of $101,284. Situated in the established University Park neighborhood, the property benefits from its proximity to USC, Exposition Park, Downtown Los Angeles, public transportation, dining, shopping, and surrounding amenities. 1325–1327 W. 24th Street combines the advantages of 100% vacant delivery, substantial 2023 new construction, and a desirable USC-area location, offering investors the opportunity to establish a new rental operation in one of Los Angeles' prominent university-area housing markets.

1325 W. 24th Street, Los Angeles

2206 W Avenue 30, Los Angeles
$975,000
CV26227350 MLS ⋅ Active Status
Located in the heart of Glassell Park, this triplex offers an opportunity for investors and families looking to own property in Northeast Los Angeles. Family owned since 1964, the property features three 2-bedroom, 1-bathroom units . The front unit is a single-family residence with its own entrance, while the second and third units are located in a separate building behind it, facing the main street. Investors can look at establishing NEW rental income across three separate units, while families may appreciate the opportunity to live in one unit and explore the possibilities of the additional spaces. The plumbing has been completely replaced, and although the property needs some TLC, it offers room for improvements and the chance to make it your own. Location is a major highlight. Situated just off Eagle Rock Boulevard, the property is across the street from Glassell Park Elementary School and less than a block from Super A Foods. Sotomayor Arts and Sciences Magnet, local cafes, bars, parks, and other neighborhood conveniences are nearby. The area also offers access to Mount Washington, Eagle Rock, Cypress Park, and Highland Park, along with Occidental College, the LA River bike trails, and Rio de Los Angeles State Park, where residents can enjoy bike paths, sports fields, and playgrounds. With Downtown Los Angeles less than a 20-minute drive away and Dodger Stadium approximately 20 minutes away, the property offers a convenient location for those who want to stay connected to the city while enjoying a more relaxed neighborhood setting. Whether you’re an investor looking to expand your portfolio or a family searching for a property with room to grow, this Glassell Park triplex offers an opportunity to create something of your own in an established and evolving Los Angeles community.

2206 W Avenue 30, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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