5200 S St Andrews Place, Los Angeles, CA 90062

Property Description

Perfect wealth-building opportunity on one of the best blocks in South LA with charming tree-lined streets surrounding this Angeles Mesa remodeled triplex. All 3 detached units have no shared walls and are located on a spacious corner lot. You can either rent or live in the front house, while the $3,140/month income for the back units offsets your mortgage and covers approximately half of it! The front house has been remodeled with much attention to detail, with an all-new kitchen with stainless steel appliances, 2 bathrooms, new flooring, windows and paint throughout. No expenses were spared to provide charm in a comfortable space that provides income at the same time. The 2 back units are both occupied, middle unit was completely remodeled as well before the tenant moved in. The backyard provides ample private space for each unit. The rear unit also comes with a garage for the tenant. SB9 lot split (splitting front house from the rear duplex) is a future possibility and could create an additional great return on your investment. This property has it all. Located near USC, SoFi Stadium and with easy access to major freeways.