Description
Location! location! location! prime investment opportunity in the highly desirable pico union neighborhood near downtown los angeles. perfect for investors, developers, and first-time homebuyers, this triplex is positioned within a toc tier 4 zone, offering outstanding potential for increased density and future development. the property features two separate structures: a front duplex with upstairs and downstairs units, each offering 1 bedroom and 1 bathroom, and a detached rear house with 2 bedrooms and 1 bathroom. centrally located north of usc and just minutes from the vibrant city lights of downtown la, major sports arenas, and entertainment venues, this property offers an enviable, accessible location in one of the city’s most active rental markets. tenants enjoy convenient access to public transit, shopping, trendy dining, and excellent schools, ensuring consistently high demand and low vacancies. the property also includes on-site parking for six vehicles, adding additional value and convenience. situated on a generous 6,078 sq ft lot with 2,166 sq ft of living space, this property offers incredible upside with the right vision and improvements. please do not disturb tenants — drive by only.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49977029
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1920
- Building Area Total: 2,166
Pool Features
- None
Laundry Features
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1396
- Lot Size Source: Assessor
- Lot Size Square Feet: 6080
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Listing Information
Listing Price Information
- Original List Price: 999,000
- Listing Contract Date: 2025-05-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5136023003
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Postal Code Plus 4: 4106
- Directions: South of Olympic east of Alvarado St.
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C42 - Downtown L.A.
- Property SubType: Triplex
Building and Construction
- Property Age: 105
- Common Walls: 1 Common Wall
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
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BuyOwner last updated this listing 06/15/2025 @ 14:37
- MLS: GD25118770
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,166 sqft, 6,080 sized lot, and 0 parking. are nearby neighborhoods.