Sold

1837 S Highland Ave

1837 S Highland Ave, Los Angeles, CA 90019

$1,480,000

Solid price reduction for this immaculate fully renovated Triplex listing in a prime Mid-City location at 1837 S. Highland Avenue, LA 90019. Featuring a fantastic unit mix with two large 3 bedroom 2 bath units & a detached rear 1 bedroom 1 bath unit with 2,773 total rentable SF. Seller will be delivering one unit vacant at closing. This Mid-City property is very well-located in an Opportunity Zone, adjacent to the highly desirable Lafayette Square & Picfair Village neighborhoods in a nice residential pocket. It is close to La Brea & only minutes from the 10 Freeway for ease of access/commuting. The property underwent a complete renovation in 2018 including: new plumbing; electrical; central heat/AC; new roof for front duplex; new soft stucco/paint; washer/dryers & full upgrading of all units interiors. The rear building's roof was also replaced in 2020. This totally turnkey Highland triplex presents a great opportunity both for an owner-user buyer looking to take occupancy themselves + have great rental income to assist with the bulk of their mortgage payments, or for an investor/1031 buyer looking to enjoy strong, stable income with total ease of management and no capital improvements required. Contact us today for more details!

7
beds

5
baths

2,773 Sq.Ft. LIVING AREA

0.129 Acres lot

Thomas Hilal

Thomas Hilal

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms5
  • KITCHEN Granite Counters
  • Laundry room In Unit
  • Flooring Wood
  • Fireplace None
  • APPLIANCES Gas/Electric Range, Oven

Area & Lot

  • Status Sold
  • Living Area2,773 Sq.Ft.
  • Lot Area0.129 Acres
  • MLS® ID21-702378
  • TypeMulti-Family
  • YEAR BUILT1940
  • Architecture StylesSpanish
  • View DescriptionCity
  • School DistrictLos Angeles Unified

Exterior

  • STORIES1
  • Garage Space2
  • water SourcePublic
  • PoolNone
  • roofAsphalt, Flat
  • lot featuresFront Yard
  • parkingAssigned
  • HEAT TYPECentral
  • AIR CONDITIONINGAir Conditioning, Ceiling Fan, Central
  • sewerIn Street
  • other exterior FeaturesStucco, None

Financial

  • Sales Price$1,480,000
  • Zoning LARD1.5