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$ 1,300,000
Est. payment | /mo
3 Beds
2,124 SqFt
$ 1,300,000
Est. payment | /mo
3 Beds
2,124 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,124 sqft
Price per Sqft $612
MLS Listing ID CL26851283
Bedrooms 3
HOA Y/N No
Year Built 1942
Lot Size 6,726 Sqft
Acres 0.15
Property Sub-Type OTHER
Property Description
5218 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for SaleMiracle Mile Adjacent Investment or Owner-Occupant Opportunity. Discover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods. The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. Two (2) units will be delivered vacant at close of escrow, making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The remaining unit is currently rented at $1,100/month for immediate cash flow and may also be delivered vacant. Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for vacant units, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives. Conveniently located near shopping, dining, entertainment, major employment centers, and transportation corridors. Don't miss this rare chance to own a turnkey income-producing triplex in Mid-City Los Angeles! Please do not disturb tenants or walk the property without an appointment.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace, Fireplace(s)
Cooling No Air Conditioning
Flooring Wood
Fireplace No
Exterior
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 5070008011
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Listed by Thomas Chorley • Redfin
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States