Property Detail

Description

Meticulously maintained triplex in Cypress Park, with the front 1 bed/1 bath unit delivered vacant. Ideal for an owner-user or investor seeking strong income and upside potential. The property features a desirable unit mix of two 1BD/1BA units and one 2BD/1BA unit. Interiors include well-preserved 1950s hardwood floors, vintage tilework, and washer/dryer hookups. All units are separately metered for gas and electricity. Each unit offers a private patio, and the property is secured with gated entry. The grounds feature a well-maintained lawn and a private garden with mature hedges and trees, providing both privacy and shade. Recent upgrades include copper repiping, replacement of plumbing valves (sinks, toilets, and showers), and updated electrical breaker panels for all three units. Each unit is assigned one parking space. The property is located on a quiet residential street near the LA River bike path, with close proximity to Frogtown, Highland Park, and Downtown Los Angeles, offering a strong balance of neighborhood charm and rental demand. Current rents: Unit A (1+1) VACANT, Unit B (1+1) $2,000/month, Unit C (2+1) $2,163/month.