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Incredible Opportunity for a TIC Conversion, Owner/Users, Multiple Generations, or Investors to own a 3-unit property in the coveted Miracle Mile district. Significant value-add potential via interior/exterior updates or a TIC conversion. This is a value-add opportunity with NOW 2 Units Vacant. This income property boasts a strong unit mix consisting of (1) a large 3 bedroom + 1.5 Bathrooms unit (approx. 1200 sq ft), (1) an upgraded 2 bedrooms + 1 bathroom (approx. 933 sq ft), and (1) 2 bedroom + 1 bathroom (approx. 1080 sq ft). The property has three 1-car garages and a dedicated laundry room for additional income. Hardwood flooring throughout with tons of midcentury charm. Triplex is located in an ‘A’ rental market that is consistently sought-after by high-income young professionals. Located moments from Museum Row, which includes LACMA, The Academy Museum of Motion Pictures, The Petersen Automotive Museum, and La Brea Tar Pits. There are endless opportunities for world-class shopping, dining, and entertainment options with a walk score of 91 (walker’s paradise) yet on a quiet street. A short distance away at The Grove/Farmer's Market, Beverly Center, Cedars-Sinai, and Koreatown. The property has easy access to UCLA, USC, Downtown LA, and the 10 Freeway. The Purple Line S
This listing courtesy of:
Equity Union, Natalie Alchadeff
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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71.58% of housing units are renter occupied.
6.82% are vacant.
The median travel time to work is 25 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.