Los Angeles Homes with Triplex Subtype

Los Angeles Homes with Triplex Subtype

Welcome to the vibrant city of Los Angeles, California, where sun-soaked days meet the allure of Hollywood glamour. Nestled in the heart of Los Angeles County, this sprawling metropolis is a cultural melting pot, offering diverse neighborhoods, world-class dining, and endless entertainment options. Whether you're strolling along the iconic Venice Beach, exploring the historic streets of Downtown LA, or enjoying a night out in West Hollywood, the energy of this city is palpable.

For those seeking a unique investment opportunity, consider the charm of triplex homes. These multifamily properties are not just a smart financial choice; they also embody the spirit of community living that Los Angeles is known for. With three separate units, triplex homes offer flexibility and potential for rental income, making them ideal for both seasoned investors and first-time buyers.

Imagine living in one unit while renting out the others, or perhaps creating a multi-generational living arrangement. The versatility of triplex homes allows you to tailor your living situation to fit your lifestyle. Many triplexes in Los Angeles boast modern amenities, spacious layouts, and outdoor spaces perfect for soaking in the California sunshine.

Moreover, the strategic location of these homes often places you within walking distance of local shops, parks, and schools, enhancing the convenience of urban living. Whether you’re looking to invest or find a place to call home, triplex properties in Los Angeles offer a unique blend of opportunity and lifestyle. Explore the possibilities and discover your perfect piece of the City of Angels!

Newest Los Angeles Homes with Triplex Subtype

4109 Berenice Place, Los Angeles
$1,399,000
P1-29479 MLS ⋅ Active Status
RARE HILLSIDE INVESTMENT OPPORTUNITY IN NORTHEAST LOS ANGELES! Discover a unique property featuring three residential units situated on one expansive parcel with two street access points: 4109 Berenice Place, 4202 Latona Avenue and 4202 1/2 Latona Avenue.Perched above the city, the main residence at 4109 Berenice Place, built in 2019, offers approximately 1,275 square feet of living space with 3 bedrooms, 2 bathrooms, and a 2-car garage. Enjoy sweeping views of Northeast Los Angeles, Elysian Valley, Downtown and beyond. Below the main residence is an additional bonus area featuring 2 bedrooms, 1 bathroom, and a private balcony with scenic views--ideal for a home office, recreation room, or flexible living space. A private terrace below offers possibilities for outdoor dining, entertaining, or a future jacuzzi retreat.Continuing down the hillside, the property connects to a charming duplex at 4202 and 4202 1/2 Latona Avenue, originally built in 1910, with convenient access from Latona Avenue.4202 Latona Avenue features approximately 750 square feet of living space including 2 bedrooms, 1 bathroom, and a private balcony showcasing beautiful views.4202 1/2 Latona Avenue offers approximately 850 square feet, 3 bedrooms, 3 bathrooms, a private entrance, and scenic neighborhood views from the bedrooms.Surrounded by mature trees and hillside greenery, the property offers a distinctive combination of privacy, outdoor living, and elevated city views. Conveniently located near Downtown Los Angeles, Pasadena, Dodger Stadium, and surrounding Northeast Los Angeles neighborhoods.ONE PARCEL. MULTIPLE LIVING SPACES. EXCEPTIONAL POSSIBILITIES. Whether you're looking for an investment property, a multigenerational living arrangement, or an opportunity to occupy one residence while generating income from the others, this hillside property offers a rare combination of flexibility, location, and potential.

4109 Berenice Place, Los Angeles

211 N Serrano, Los Angeles
$1,200,000
GD26236164 MLS ⋅ Active Status
We are pleased to present 209–211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility. With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.

211 N Serrano, Los Angeles

1325 W. 24th Street, Los Angeles
$1,550,000
GD26236143 MLS ⋅ Active Status
We are pleased to present 1325–1327 W. 24th Street, a rare opportunity to acquire a 100% vacant, three-unit multifamily property located approximately one mile from the University of Southern California's University Park Campus. One of the property's most compelling features is its 100% vacant delivery, providing investors with the exceptional opportunity to establish a new tenant base, implement a customized leasing strategy, and pursue current market rents without inheriting existing tenants or below-market leases. The property consists of a newly constructed two-story front duplex completed in 2023, together with a renovated rear residential unit originally constructed circa 1922. The property offers approximately 2,738 square feet of building area on a 5,903-square-foot lot. The residential configuration includes two four-bedroom/four-bathroom units and one three-bedroom/three-bathroom unit, providing a total of 11 bedrooms and 11 bathrooms. These multiple-bedroom layouts present an attractive opportunity for investors considering student-oriented rentals, traditional residential leasing, or other legally permissible rental arrangements. At the asking price of $1,550,000, the property offers a projected 6.53% capitalization rate, based on estimated monthly rental income of $12,650, or $151,800 annually. The pro forma assumes rental income averaging $1,150 per bedroom per month, a 2% vacancy allowance, and estimated annual operating expenses of $47,480, resulting in projected Net Operating Income of $101,284. Situated in the established University Park neighborhood, the property benefits from its proximity to USC, Exposition Park, Downtown Los Angeles, public transportation, dining, shopping, and surrounding amenities. 1325–1327 W. 24th Street combines the advantages of 100% vacant delivery, substantial 2023 new construction, and a desirable USC-area location, offering investors the opportunity to establish a new rental operation in one of Los Angeles' prominent university-area housing markets.

1325 W. 24th Street, Los Angeles

2206 W Avenue 30, Los Angeles
$975,000
CV26227350 MLS ⋅ Active Status
Located in the heart of Glassell Park, this triplex offers an opportunity for investors and families looking to own property in Northeast Los Angeles. Family owned since 1964, the property features three 2-bedroom, 1-bathroom units . The front unit is a single-family residence with its own entrance, while the second and third units are located in a separate building behind it, facing the main street. Investors can look at establishing NEW rental income across three separate units, while families may appreciate the opportunity to live in one unit and explore the possibilities of the additional spaces. The plumbing has been completely replaced, and although the property needs some TLC, it offers room for improvements and the chance to make it your own. Location is a major highlight. Situated just off Eagle Rock Boulevard, the property is across the street from Glassell Park Elementary School and less than a block from Super A Foods. Sotomayor Arts and Sciences Magnet, local cafes, bars, parks, and other neighborhood conveniences are nearby. The area also offers access to Mount Washington, Eagle Rock, Cypress Park, and Highland Park, along with Occidental College, the LA River bike trails, and Rio de Los Angeles State Park, where residents can enjoy bike paths, sports fields, and playgrounds. With Downtown Los Angeles less than a 20-minute drive away and Dodger Stadium approximately 20 minutes away, the property offers a convenient location for those who want to stay connected to the city while enjoying a more relaxed neighborhood setting. Whether you’re an investor looking to expand your portfolio or a family searching for a property with room to grow, this Glassell Park triplex offers an opportunity to create something of your own in an established and evolving Los Angeles community.

2206 W Avenue 30, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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