Property Detail

Description

Exceptional triplex opportunity featuring three distinct 2-bedroom, 1.5-bathroom townhome-style units, each with two-story layouts, private detached garages, and in-unit laundry. This well-maintained property offers versatile living arrangements with separate entrances and individual utility meters, currently configured as a single residence with flexible conversion potential for investors or owner-occupants. Each unit provides approximately 1116sqft of living space with modern amenities and private outdoor areas. The property's thoughtful design allows for multiple use scenarios, from owner-occupied with rental income to full investment conversion. Located on Randolph Street along the planned Rail to River Corridor active transportation route, the property benefits from proximity to public transportation, schools, shopping, and parks, with the Metro A Line corridor connection anticipated for 2027 completion. The triplex configuration presents strong income potential with market rental rates for comparable 2-bedroom, 1.5-bathroom units ranging from $2,300 to $2,500 per month. With three separate living spaces under one roof, the property offers an excellent opportunity for investors seeking multi-unit assets or buyers desiring flexible living arrangements in a growing Southeast LA location. Easy access to Downtown Los Angeles and major freeways enhances both livability and long-term value appreciation potential. Property features include private garages for each unit, in-unit washer/dryer hookups, two-story floor plans, and separate utility metering. 8052sqft lot. Prime location in an evolving community with expanding transportation infrastructure and amenities. This property qualifies for a $20,000 Grant program with no PMI.