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$1,299,000
Est. payment /mo
5 Beds
6,361 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25076812
Bedrooms 5
HOA Y/N No
Year Built 1908
Lot Size 6,361 Sqft
Acres 0.15
Property Sub-Type Triplex
Property Description
Endless Potential in Cypress Park: 3-Unit Fixer-Upper with Tremendous Upside. Located in the heart of the fast-growing Cypress Park neighborhood of North East Los Angeles (NELA), this 3-unit property offers a unique opportunity to create a custom multi-family investment or personal residence in one of LA’s most exciting and dynamic areas. Nestled in the 90065 zip code, this property is just minutes away from thriving communities like Highland Park, Glassell Park, and Mount Washington—neighborhoods that have experienced remarkable appreciation over the last decade. With neighboring properties already undergoing redevelopment, now is the perfect time to invest in this area before prices continue to rise. The property consists of two side-by-side 1-bedroom, 1-bathroom units in the front building, along with a 3-bedroom, 2-bathroom home at the rear. While this property is currently in need of significant updates, these challenges present an exciting opportunity for buyers with vision. With a little creativity and investment, this property can be transformed into a highly profitable multi-family asset or a comfortable, income-generating home. The front building’s two 1-bedroom units offer the potential for a thoughtful redesign and modernization. Whether you choose to open up th
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5453002003
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Listed by Jimmy Mercado • NEXT Brokerage