Charming Triplex Property with Income Potential Welcome to 4129 3rd Ave, Los Angeles, a fantastic investment opportunity! This well-maintained triplex, with all units vacant at close of escrow, offers a perfect blend of classic charm and modern upgrades. Situated on a lovely tree-lined street, this property is conveniently located near Leimert Park, the Expo Line, USC, DTLA, Banc of California and the SoFi Stadium.
Step inside to discover recessed lighting that illuminates the living spaces, creating a warm and inviting atmosphere. Enjoy the cozy ambiance of a decorative fireplace and the elegance of new white wide oak style floors throughout.
The recently renovated bathroom and kitchen adds a touch of freshness.
The front house boasts 2 bedrooms and 1 bathroom, providing a spacious and comfortable living space. With approximately 1,018 square feet of interior space, this unit offers ample room for relaxation and entertaining.
A rare find in Los Angeles, this property features a detached 3-car garage, providing valuable parking space for the residents. Above the garage, you’ll find two additional units, each offering 1 bedroom and 1 bathroom, approximately 500 square feet in size. These units present an excellent opportunity for rental income, making this property a smart investment choice. The third unit is currently owner-occupied and will be delivered in as-is condition, allowing for the new owner’s personal touch and customization.
This triplex offers flexibility for investors looking to generate rental income or for an owner-occupant seeking additional rental revenue. With its strategic location, this property provides easy access to various amenities, entertainment venues, and public transportation, making it a highly desirable investment in the thriving Los Angeles real estate market. Don’t miss this opportunity to own a triplex in a prime location with the potential for both immediate rental income and long-term appreciation.