140 S Avenue 58, Los Angeles, CA 90042

$1,250,000 Approx. USD 10 beds, 5 baths
3,384 sqft

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Brochure

Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 25499913

List price is $1,250,000 Reduced by $100,000 on 4/21/2025

Price: $1,250,000

Beds: 10

Baths: 5

None fireplaces

Built in 1909

3,384 sqft

0.16 acres