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Listed by Jose Eric Perez • Real Broker
$ 899,999
Est. payment /mo
Price Dropped by $90K
1438 East 20th Street Los Angeles, CA 90011
3,114 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,114 sqft
Price per Sqft $289
MLS Listing ID DW-26077045
Year Built 1904
Lot Size 6,479 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Opportunity like this doesn't come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you're looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Laundry Inside
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks, Street Lights
Building
Lot Description Front Yard, 0-1 Unit/Acre
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944