Bought with Michael Carlo Garcia • Compass
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132 S Avenue 56 Los Angeles, CA 90042
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Key Details
Sold Price $955,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $345
MLS Listing ID CRCV24160474
Year Built 1908
Lot Size 10,177 Sqft
Property Sub-Type Triplex
Property Description
Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Vinyl, Carpet, Wood
Laundry Gas Dryer Hookup, Laundry Room, Other, Inside
Exterior
View Other
Building
Lot Description Other
Water Public
Read Less

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