• 5,168 sq.ft.
  • 9,459 sq.ft. lot
offered at $2,100,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1959

Property Description

Extremely rare Triplex in highly sought after Ladera Heights now with fully Approved Plans! This is an investors dream to have a fully vacant income property delivered with approved plans for the remodel. Bring your contractor and start right away on the remodel. Located near the La Cienega corridor this Triplex property contains 3 large units of 1500-2000 sq ft. each. Approved plans call for adding a bedroom and bath to each existing floor-plan without adding square footage. The end result with be Two - 3 bedroom 3 bath units and One - 4 bedroom 3 bath unit, totaling almost 5200 sq ft. Each unit is very open and spacious and have their own two car garage parking. The is a great location close to the freeway for commuter access, or about 10 minutes to LAX, 8 minutes to SoFi, all along the newly redeveloped part of La Cienega and Slauson Ave. Once your renovation is complete you will be able to secure the very top of the market in rents helping you achieve a 5% (or better) CAP rate. Property will be delivered fully vacant with interior demo having already been completed on 2 of the 3 units. Please call direct to schedule your private viewing.

Listing Courtesy of Scott Niles, Elements Real Estate

Exterior Features

Exterior Features: Urban // Roof: Composition, Shingle
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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