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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
MLS Listing ID CRCV24160474
Sold Date 02/07/25
Style Traditional
Originating Board California Regional MLS
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
Area 632 - Highland Park
Rooms
Kitchen Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry Gas Hookup, In Laundry Room, 30, Other
Exterior
Parking Features Garage, Other
Garage Spaces 5.0
Pool 31, None
View Local/Neighborhood
Roof Type Shingle,Composition
Building
Lot Description Grade - Level
Story Split Level
Foundation Combination
Water District - Public
Architectural Style Traditional
Others
Tax ID 5468025009
Special Listing Condition Not Applicable
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Bought with Michael Carlo Garcia