$955,000
$1,080,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
132 S Avenue 56 Los Angeles, CA 90042
10,175 Sqft Lot
Key Details
Sold Price $955,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24160474
Sold Date 02/07/25
HOA Y/N No
Year Built 1908
Lot Size 10,175 Sqft
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
Area 632 - Highland Park
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Driveway, Garage
Garage Spaces 4.0
Carport Spaces 1
Garage Description 4.0
Fence Chain Link
Pool None
Community Features Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Rectangular Lot, Street Level, Yard
Faces North
Story 2
Entry Level Multi/Split
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5468025009
Acceptable Financing Cash to New Loan, Conventional, FHA, Submit
Listing Terms Cash to New Loan, Conventional, FHA, Submit
Financing Cash to New Loan
Special Listing Condition Standard, Trust
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Michael Carlo Garcia • Compass