Los Angeles Homes with Triplex Subtype

Los Angeles Homes with Triplex Subtype

Welcome to Los Angeles, the City of Angels, where dreams come to life under the golden California sun! Known for its vibrant culture, stunning beaches, and iconic landmarks, Los Angeles is a sprawling metropolis that offers a unique blend of urban sophistication and laid-back charm. From the glitz of Hollywood to the artistic vibes of Downtown LA, this city is a tapestry of diverse neighborhoods, each with its own character and allure.

For those looking to invest in real estate, Los Angeles presents an exciting opportunity with triplex homes. These multifamily properties are not only a smart investment but also offer a unique living experience. A triplex typically consists of three separate units, allowing homeowners to live in one while renting out the others. This setup is perfect for families seeking a multi-generational living arrangement or investors looking to generate rental income in one of the most sought-after markets in the country.

In Los Angeles, triplex homes can be found in various neighborhoods, from the trendy streets of Silver Lake to the picturesque avenues of West Los Angeles. These properties often feature spacious layouts, outdoor areas, and the potential for customization, making them an ideal choice for both homeowners and investors alike.

Living in a triplex in Los Angeles means being part of a vibrant community, with access to world-class dining, shopping, and entertainment right at your doorstep. Whether you're drawn to the artistic energy of the city or the allure of its beautiful beaches, a triplex home in Los Angeles is more than just a property; it's a lifestyle waiting to be embraced. Explore the possibilities today and discover your perfect piece of this dynamic city!

Newest Los Angeles Homes with Triplex Subtype

4109 Berenice Place, Los Angeles
$1,399,000
P1-29479 MLS ⋅ Active Status
RARE HILLSIDE INVESTMENT OPPORTUNITY IN NORTHEAST LOS ANGELES! Discover a unique property featuring three residential units situated on one expansive parcel with two street access points: 4109 Berenice Place, 4202 Latona Avenue and 4202 1/2 Latona Avenue.Perched above the city, the main residence at 4109 Berenice Place, built in 2019, offers approximately 1,275 square feet of living space with 3 bedrooms, 2 bathrooms, and a 2-car garage. Enjoy sweeping views of Northeast Los Angeles, Elysian Valley, Downtown and beyond. Below the main residence is an additional bonus area featuring 2 bedrooms, 1 bathroom, and a private balcony with scenic views--ideal for a home office, recreation room, or flexible living space. A private terrace below offers possibilities for outdoor dining, entertaining, or a future jacuzzi retreat.Continuing down the hillside, the property connects to a charming duplex at 4202 and 4202 1/2 Latona Avenue, originally built in 1910, with convenient access from Latona Avenue.4202 Latona Avenue features approximately 750 square feet of living space including 2 bedrooms, 1 bathroom, and a private balcony showcasing beautiful views.4202 1/2 Latona Avenue offers approximately 850 square feet, 3 bedrooms, 3 bathrooms, a private entrance, and scenic neighborhood views from the bedrooms.Surrounded by mature trees and hillside greenery, the property offers a distinctive combination of privacy, outdoor living, and elevated city views. Conveniently located near Downtown Los Angeles, Pasadena, Dodger Stadium, and surrounding Northeast Los Angeles neighborhoods.ONE PARCEL. MULTIPLE LIVING SPACES. EXCEPTIONAL POSSIBILITIES. Whether you're looking for an investment property, a multigenerational living arrangement, or an opportunity to occupy one residence while generating income from the others, this hillside property offers a rare combination of flexibility, location, and potential.

4109 Berenice Place, Los Angeles

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

1325 W. 24th Street, Los Angeles
$1,550,000
GD26236143 MLS ⋅ Active Status
We are pleased to present 1325–1327 W. 24th Street, a rare opportunity to acquire a 100% vacant, three-unit multifamily property located approximately one mile from the University of Southern California's University Park Campus. One of the property's most compelling features is its 100% vacant delivery, providing investors with the exceptional opportunity to establish a new tenant base, implement a customized leasing strategy, and pursue current market rents without inheriting existing tenants or below-market leases. The property consists of a newly constructed two-story front duplex completed in 2023, together with a renovated rear residential unit originally constructed circa 1922. The property offers approximately 2,738 square feet of building area on a 5,903-square-foot lot. The residential configuration includes two four-bedroom/four-bathroom units and one three-bedroom/three-bathroom unit, providing a total of 11 bedrooms and 11 bathrooms. These multiple-bedroom layouts present an attractive opportunity for investors considering student-oriented rentals, traditional residential leasing, or other legally permissible rental arrangements. At the asking price of $1,550,000, the property offers a projected 6.53% capitalization rate, based on estimated monthly rental income of $12,650, or $151,800 annually. The pro forma assumes rental income averaging $1,150 per bedroom per month, a 2% vacancy allowance, and estimated annual operating expenses of $47,480, resulting in projected Net Operating Income of $101,284. Situated in the established University Park neighborhood, the property benefits from its proximity to USC, Exposition Park, Downtown Los Angeles, public transportation, dining, shopping, and surrounding amenities. 1325–1327 W. 24th Street combines the advantages of 100% vacant delivery, substantial 2023 new construction, and a desirable USC-area location, offering investors the opportunity to establish a new rental operation in one of Los Angeles' prominent university-area housing markets.

1325 W. 24th Street, 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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