6139 Strickland Avenue, Los Angeles, CA 90042 - MLS#P1-20016

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,080,000

Est. payment - /mo

7 Beds

3 Baths

5,392 Sqft Lot

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UPDATED:

11/21/2024 04:02 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-20016

Bedrooms 7

HOA Y/N No

Lot Size 5,392 Sqft

Property Description

Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6175 in monthly income before expenses, the property features a unit mix of one spacious 3-bedroom, 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.
Nestled in the vibrant community of Highland Park, this triplex offers an outstanding investment opportunity in one of Los Angeles' most dynamic neighborhoods. Generating almost $6175 in monthly income before expenses, the property features a unit mix of one spacious 3-bedroom, 1-bath unit and two comfortable 2-bedroom, 1-bath units, catering to a variety of tenants. Each unit is individually metered and equipped with its own water heater and washer/dryer hookups, ensuring tenant convenience and keeping utility costs low for the owner.The property also offers plenty of off-street parking and is ideally situated near markets, schools, and bus lines, making it attractive to an assortment of tenants. Residents enjoy easy access to local hotspots like York Boulevard and Figueroa Street, where trendy restaurants, coffee shops, and boutique stores abound. Proximity to public transportation and major freeways ensures seamless commutes to Downtown LA and beyond, while the neighborhood's streets and artistic vibe continue to draw long-term tenants. This property combines immediate rental income with the promise of future growth in a thriving market.

Location

State CA

County Los Angeles

Area Los Angeles (90042)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Sidewalks

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Exchange

Space Rent $2,981

Listing Terms Exchange

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Listed by Berkshire Hathaway Home Servic

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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