Mid Los Angeles (C16) Homes with Triplex Subtype

Mid Los Angeles (C16) Homes with Triplex Subtype

Welcome to Mid Los Angeles (C16), a vibrant and diverse neighborhood nestled in the heart of Los Angeles County, California. This dynamic region boasts a rich tapestry of cultures, making it a melting pot of experiences that truly embodies the spirit of LA. With its convenient access to major freeways, public transportation, and a plethora of amenities, Mid Los Angeles is an ideal locale for both families and young professionals seeking the perfect blend of urban living and community charm.

One of the most appealing aspects of Mid Los Angeles is its array of housing options, particularly the triplex homes that offer unique opportunities for homeowners and investors alike. These versatile properties are designed to accommodate multiple families or tenants, making them an excellent choice for those looking to maximize their investment potential while enjoying the benefits of homeownership. Imagine living in one unit while renting out the others, providing a steady stream of income that can help offset your mortgage and living expenses.

The triplex homes in this area often feature spacious layouts, modern amenities, and outdoor spaces perfect for entertaining or relaxing. Many are situated within walking distance of local parks, trendy cafes, and eclectic shops, allowing residents to immerse themselves in the vibrant community atmosphere. With a variety of architectural styles, from charming Craftsman to sleek contemporary designs, there’s a triplex to suit every taste.

Whether you’re seeking a new home or a lucrative investment, Mid Los Angeles (C16) offers an exceptional real estate opportunity that combines convenience, culture, and community. Come explore the possibilities and discover your dream triplex in this remarkable neighborhood!

Newest Mid Los Angeles (C16) Homes with Triplex Subtype

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

1241 W 37th Drive, Los Angeles
$1,800,000
PW26224491 MLS ⋅ Active Status
Unique Opportunity - 3-unit, 10-bedroom USC-area investment just a 5-minute walk to campus with2 units delivered vacant. 1241 W. 37th Drive offers two buildings totaling approx. 3,727 SF on a 6,600 SF lot with ample on-site parking. As a 3-unit property, it may qualify for residential financing, and 2 of the 3 units will be delivered vacant, giving a buyer the flexibility to lease to non-student tenants or achieve a student housing premium at market for the upcoming academic year. Front house (1907): a fully renovated 4 bed/4 bath home, currently occupied. Rear building (2013): a 2-story townhome-style building with two 3 bed/3 bath units, each with in-unit laundry, both vacant. Units are separately metered for electricity and gas (as applicable) with tenants paying directly. Property-wide private WiFi and 24/7 monitored security. Offered at $1,800,000, $600,000 per unit and $483 per SF. Projected market rents total $12,800/month ($153,600/year), reflecting a 11.27 market GRM and 5.91% market cap rate, with a price per SF below the recent USC-area sales average of approx. $585 per SF. Located within USC's DPS patrol zone and free Lyft ride zone, steps from Exposition Park, the LA Memorial Coliseum, BMO Stadium, the new Lucas Museum of Narrative Art, and Expo Line access, with the area set to host major events for the 2028 Olympic Games. May be purchased together with 1230 W. 37th Drive across the street or separately. Do not disturb occupant.

1241 W 37th Drive, Los Angeles

2710 South Normandie Avenue, Los Angeles
$1,199,000
DW26215011 MLS ⋅ Active Status
PRIME INVESTMENT OPPORTUNITY | ALL 3 UNITS DELIVERED VACANT AT COE | NEAR USC | MOTIVATED SELLER Located in the highly desirable Adams-Normandie neighborhood of Los Angeles, 2710 S. Normandie Avenue presents an exceptional investment opportunity for investors and owner-occupants alike. A MAJOR HIGHLIGHT OF THIS PROPERTY IS THAT ALL THREE RESIDENTIAL UNITS WILL BE DELIVERED COMPLETELY VACANT AT CLOSE OF ESCROW (COE), PROVIDING THE BUYER WITH FULL VACANT POSSESSION OF THE PROPERTY UPON CLOSING. Buyers are encouraged to contact the listing agent for additional information regarding the vacant delivery process. The property consists of two separate buildings with three existing residential units: a spacious 4-bedroom, 2-bathroom front unit, a remodeled 1-bedroom, 1-bathroom upstairs unit, and a detached 1-bedroom, 1-bathroom rear unit. ALL THREE UNITS TO BE DELIVERED 100% VACANT AT CLOSE OF ESCROW. This presents an excellent opportunity for buyers to take possession of the entire property without assuming existing tenant occupancy. Additionally, the property may offer potential for future development or expansion, subject to verification of zoning, permits, and all applicable city approvals. Originally built in 1924, the property offers approximately 2,928 square feet of building space on a generous 6,012-square-foot lot, zoned LA-R1.5. Enjoy convenient access to the University of Southern California, West Adams, Exposition Park, Downtown Los Angeles, Crypto.com Arena, L.A. LIVE, the Metro E Line, major freeways, restaurants, shopping, and entertainment. MOTIVATED SELLER! THREE UNITS. TWO BUILDINGS. FULL VACANT DELIVERY AT COE. Don't miss this exceptional opportunity to acquire a multi-unit property in a sought-after Los Angeles location. Contact the listing agent today for additional details regarding vacant delivery.

2710 South Normandie Avenue, Los Angeles

2006 12th Unit 3, Los Angeles
$800,000
GD26175991 MLS ⋅ Active Status
Prime Westlake Multi-Family Asset – Turnkey Triplex with Value-Add Potential Exceptional investment opportunity located at 2006 W 12th Street in the high-demand Westlake area of Los Angeles, presenting a strategic addition to any real estate portfolio. Positioned just minutes from Downtown Los Angeles (DTLA), the property offers unprecedented proximity to premier regional hubs, including The Vermont Shopping Center, the Los Angeles Memorial Sports Arena, the historic Bradbury Building, and the world-renowned Walt Disney Concert Hall. This high-visibility location ensures consistent tenant demand, facilitated by immediate access to the 110 Freeway and essential local infrastructure like the municipal fire and police departments. This property is composed of two buildings. A two-story building in the front and a single-story unit in the back. Units are in normal condition with a six-car parking area. Unit 1 (2006 A) has 749 sq ft living space with laminated flooring, 1 bedroom, and part of the living space has been used as another bedroom, 1 bathroom remodeled with a walk-in shower, kitchen was remodeled with a granite countertop, and new refreshed cabinets. Unit 2 (2006B) is located on the 2nd level with access from the front and back of the property, 749 sq ft living space, 1 bedroom, 1 bathroom, kitchen, and laundry room. Unit 3 ( 2006 1/2 ) is located in the rear with 668 sq ft living space, 2 bedrooms, 1 bathroom, a kitchen, and a living room with laminated flooring. The property was painted, new roof, new gutters, new water heaters, and copper plumbing added years ago; it was built in 1920, with a total of 2166 sq ft living space, 6083 sq ft lot, RD1.5-HPOZ zoning, and APN 5136-023-003.

2006 12th Unit 3, Los Angeles

2153 S West View Street, Los Angeles
$2,649,000
SB26168599 MLS ⋅ Active Status
***PRIVATE COMPOUND*** ***PRIVATE GATED DRIVEWAY*** ***PRIVATE BACKYARDS*** This property is a cash cow , with an incredible 6.5% Cap Rate and 12.68%Goss Multiplier. This is an excellent opportunity for an investor or an owner occupied wanting to live in one of the units.Currently one of the units is vacant for an owner occupied buyer who would like to live at the property. This ONE OF A KIND spectacular triplex featuring 3 townhouse, offers a perfect blend of modern luxury and convenience. Almost new 2020 Construction in Mid City. The front 2 story single family home with 2 Car attached garage and rear 3 story 2 units with 2 car attached garages each with direct access to the interior from all 3 units. The rear units could be 5br 5ba or 4br + Office. All units have central Air condition, central heating, and their own laundry. Each bedroom in all three units have their own attached bathrooms. All units comes with stainless steel refrigerator, stove, dish washer, microwave hood and washer and dryer. The rear units have private back yards with outdoor furniture and direct access from 1st floor bedroom/office/Den. All units are separately metered for water, gas and electricity. The property is well priced for the location. The property is located with in 3 miles of Culver City Art's District, Whole Foods , metro rail, many near by restaurants and not far from DTLA. THIS IS A NON RENT CONTROL BUILDING. Don't miss out on this exceptional opportunity to live/invest in this modern, luxurious triplex in one of the most sought-after areas!

2153 S West View Street, 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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