$1,299,000

Condominium In Los Angeles

  • 6 Beds
  • 8 Baths
  • 3,600 Sqft
  • 6,395 Sqft lot
  • Updated: June 20
  • Source:
    San Diego MLS  MLS#SR26134391

About the Property

House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for
House Hack or Investment Opportunity! Live in one unit and rent out the other two. Freshly renovated income property offering modern upgrades and strong rental potential. The front building features two spacious units, each approximately 1,400 sq ft with 2 bedrooms and 2.5 bathrooms. The downstairs unit is currently leased at $3,500 per month, while the upstairs unit is vacant, making it ideal for an owner-occupant or ready for immediate rental. At the rear of the property is a detached ADU (approx. 810 sq ft) featuring 2 bedrooms, 2 bathrooms, and vaulted ceilings, currently leased for $2,900 per month. Each unit has been thoughtfully updated, including one detached newly built ground-up ADU, with open layouts, contemporary finishes, and abundant natural light. Updated kitchens feature modern cabinetry, quality countertops, and newer appliances. Bedrooms are well-sized, and bathrooms have been remodeled with clean, modern fixtures. Several units also offer private outdoor space. With three income-producing units and a potential cap rate of approximately 7%, the property offers immediate rental income with long-term upside. Located in a rapidly evolving Los Angeles neighborhood, the property provides convenient access to dining, shopping, and entertainment, making it attractive to both tenants and investors. A strong opportunity for owner-occupants, investors, or those looking to expand their portfolio with a turnkey triplex.
  • Property type

    Condo

  • Floors

    2

  • Year built

    1908

  • Price/sqft

    $360

Features

  • Modern
  • Open Kitchen
  • New Builds
  • Renovated
  • Investment Property
  • High Ceiling

Explore the Area

357 Cornwell, Los Angeles, California, United States View on Google Maps
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True North Realty - Pine Mountain Club

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True North Realty - Pine Mountain Club
California, United States
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True North Realty - Pine Mountain Club
Pine Mountain Club, California, United States
View agency profile
Last updated
June 20
First listed
Jun 20
Listing reference
SR26134391
Listing status
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