Description
This prime triplex in the heart of exposition park offers investors a rare opportunity to add tremendous value and boost cash flow through the development of three adus. with a current 6.36% cap rate and 10.70 grm, the property already performs well, but post-adu projections push returns to a 10.68% cap and 7.33 grm, with an estimated $1 million in added value. positioned directly across from the metro e line (exposition line), tenants benefit from immediate access to downtown la, santa monica, and key employment and entertainment hubs. this strategic location also just blocks from usc, making it ideal for student housing and maximizing rental income per bedroom.the property sits in a vibrant cultural and recreational hub, walking distance to: natural history museum, california science center, los angeles memorial coliseum, banc of california stadium, the rose garden, imax theater and much more.with a walk score of 74 and a bike score of 82, this area is highly accessible and increasingly attractive to young professionals and students alike. contact us today to request the om or schedule a private tour.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50327275
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 4
- Full Baths: 0
- Half Baths: 0
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1945
- Building Area Total: 3,024
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1368
- Lot Size Source: Assessor
- Lot Size Square Feet: 5957
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Listing Information
Listing Price Information
- Original List Price: 995,000
- Listing Contract Date: 2025-07-01
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5041036029
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered,Door-Multi,Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PHHT - Park Hills Heights
- Postal Code Plus 4: 4453
- Directions: West of Western Ave, south of W 37th Dr, east of S Saint Andrews Pl, north of W 38th St.
- Zoning: LAR2
- Source Property Type: Residential Income
- Area: PHHT - Park Hills Heights
Building and Construction
- Property Age: 80
- Year Built Source: Assessor
- Total Square Feet Living: 3024
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 06:35
- MLS: 25559815
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,024 sqft, 5,957 sized lot, and 0 parking. are nearby neighborhoods.