- – beds
- – baths
- – sqft
- 6,080 sqft lot
- 1920 build
- – on site
LOCATION! LOCATION! LOCATION! Prime investment opportunity in the highly desirable Pico Union neighborhood near Downtown Los Angeles. Perfect for investors, developers, and first-time homebuyers, this triplex is positioned within a TOC Tier 4 zone, offering outstanding potential for increased density and future development. The property features two separate structures: a front duplex with upstairs and downstairs units, each offering 1 bedroom and 1 bathroom, and a detached rear house with 2 bedrooms and 1 bathroom. Centrally located north of USC and just minutes from the vibrant city lights of Downtown LA, major sports arenas, and entertainment venues, this property offers an enviable, accessible location in one of the city’s most active rental markets. Tenants enjoy convenient access to public transit, shopping, trendy dining, and excellent schools, ensuring consistently high demand and low vacancies. The property also includes on-site parking for six vehicles, adding additional value and convenience. Situated on a generous 6,078 sq ft lot with 2,166 sq ft of living space, this property offers incredible upside with the right vision and improvements. PLEASE DO NOT DISTURB TENANTS — DRIVE BY ONLY.
Last checked:
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Last updated May 29, 2025
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MLS# GD25118770 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2166.00
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Building Area Units:Square Feet
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Total Number Of Units:3
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# of Buildings:2
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:3
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# of Separate Water Meters:1
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# of Separate Electric Meters:3
Interior
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Entry Location:Front
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Laundry:None
Location
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Directions:South of Olympic east of Alvarado St.
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Latitude:34.04815000
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Longitude:-118.28077300
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Zoning:LARD1.5
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Lot Features:0-1 Unit/Acre
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Lot Size Area:6080.0000
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Lot Size Acres:0.1396
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Lot Size SqFt:6080.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2098.10
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Tax Tract:209...
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Tax Lot:6
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5136023003
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/28/25
May 28, 2025
|
Listed / Active | CRMLS_CA | $999,000 |