90004 Homes with Triplex Subtype

90004 Homes with Triplex Subtype

Located in the vibrant city of Los Angeles, California, the zip code 90004 is a sought-after area for real estate enthusiasts. Situated in Los Angeles County, this zip code offers a diverse range of housing options and a bustling urban lifestyle.

One particular type of property that can be found in the 90004 zip code is homes with a triplex subtype. Triplexes are multi-family properties that consist of three separate living units, making them an attractive choice for investors or those looking for additional rental income. These properties offer the opportunity to live in one unit while renting out the other two, providing a potential source of passive income.

Homes with a triplex subtype in the 90004 zip code offer a variety of benefits. Not only do they provide the chance to generate rental income, but they also offer flexibility in terms of living arrangements. Homeowners can choose to occupy one unit and rent out the others, or they can rent out all three units for maximum income potential.

In addition to the advantages of triplex living, the 90004 zip code boasts a convenient location within the city of Los Angeles. Residents can enjoy easy access to a wide range of amenities, including shopping centers, restaurants, parks, and entertainment venues. The area is also known for its cultural diversity, vibrant nightlife, and proximity to major highways and public transportation.

Whether you're an investor or someone looking for a unique living arrangement, homes with a triplex subtype in the 90004 zip code offer an exciting opportunity to explore the real estate market in Los Angeles.

Newest 90004 Homes with Triplex Subtype

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

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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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