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Listed by Anthony Walker • Buckingham Investments, Inc
$ 875,000
Est. payment | /mo
4,986 Sqft Lot
$ 875,000
Est. payment | /mo
4,986 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSB25137881
Style Bungalow
Year Built 1930
Lot Size 4,986 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
This charming 3-unit property in the desirable South Wrigley neighborhood features one 2-bedroom unit and two 1-bedroom units. Ideally situated less than one mile from the 710 Freeway, under two miles from the 405, and just two miles north of the beach, the building sits on a picturesque, tree-lined residential street. Priced at a 15.33 GRM, the property offers approximately 10% income growth potential to reach a market GRM of 13.6. The 2-bedroom unit has no shared walls, includes a 1-car garage with laundry, and features a spacious private back patio. Each 1-bedroom unit shares only one wall and comes with a dedicated laundry/storage room with a separate entrance and tandem parking for 2 cars. Individual electric and gas meters for each unit reduce owner expenses. Located in an opportunity zone, this property presents both immediate value and future growth potential. All units have double paned windows, new heaters, and have been earthquake retrofitted. The plumbing in the 1 Bed units was replaced in 2019.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Rooms
Kitchen Oven Range - Gas, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry In Garage, In Laundry Room
Exterior
Parking Features Garage
Garage Spaces 1.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Bungalow
Others
Tax ID 7209022001
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884