Description
Solid price reduction for this immaculate fully renovated Triplex listing in a prime Mid-City location at 1837 S. Highland Avenue, LA 90019. Featuring a fantastic unit mix with two large 3 bedroom 2 bath units & a detached rear 1 bedroom 1 bath unit with 2,773 total rentable SF. Seller will be delivering one unit vacant at closing. This Mid-City property is very well-located in an Opportunity Zone, adjacent to the highly desirable Lafayette Square & Picfair Village neighborhoods in a nice residential pocket. It is close to La Brea & only minutes from the 10 Freeway for ease of access/commuting. The property underwent a complete renovation in 2018 including: new plumbing; electrical; central heat/AC; new roof for front duplex; new soft stucco/paint; washer/dryers & full upgrading of all units interiors. The rear building's roof was also replaced in 2020. This totally turnkey Highland triplex presents a great opportunity both for an owner-user buyer looking to take occupancy themselves + have great rental income to assist with the bulk of their mortgage payments, or for an investor/1031 buyer looking to enjoy strong, stable income with total ease of management and no capital improvements required. Contact us today for more details!
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7BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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2,773SQFT
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$540$/SQFT
Description
Solid price reduction for this immaculate fully renovated Triplex listing in a prime Mid-City location at 1837 S. Highland Avenue, LA 90019. Featuring a fantastic unit mix with two large 3 bedroom 2 bath units & a detached rear 1 bedroom 1 bath unit with 2,773 total rentable SF. Seller will be delivering one unit vacant at closing. This Mid-City property is very well-located in an Opportunity Zone, adjacent to the highly desirable Lafayette Square & Picfair Village neighborhoods in a nice residential pocket. It is close to La Brea & only minutes from the 10 Freeway for ease of access/commuting. The property underwent a complete renovation in 2018 including: new plumbing; electrical; central heat/AC; new roof for front duplex; new soft stucco/paint; washer/dryers & full upgrading of all units interiors. The rear building's roof was also replaced in 2020. This totally turnkey Highland triplex presents a great opportunity both for an owner-user buyer looking to take occupancy themselves + have great rental income to assist with the bulk of their mortgage payments, or for an investor/1031 buyer looking to enjoy strong, stable income with total ease of management and no capital improvements required. Contact us today for more details!
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-12T10:42:42.117. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.