Multi Family In Los Angeles

NEW PRICE Fully Remodeled Los Angeles Triplex Now Offered at $1,199,999! An exceptional opportunity to acquire a turnkey, fully remodeled triplex featuring extensive permitted improvements completed in 2024. With market rents already in place and a newly improved price, this property offers investors immediate income potential while also providing an attractive option for owner-users and multigenerational living. The property consists of a spacious front residence and two rear units, all extensively renovated with modern finishes. Improvements include remodeled kitchens and bathrooms, updated flooring, recessed lighting, dual-pane windows, a new roof, HVAC improvements, and a permitted ADU conversion. The front residence is a standout, offering an impressive open-concept floor plan with soaring vaulted ceilings, designer lighting, a large center island, and contemporary finishes that create the space and feel of a single-family home. The two rear units have also been thoughtfully remodeled, providing turnkey interiors and strong rental appeal. Currently income-producing, with the seller open to considering delivery vacant, buyers have multiple options: maintain the property as a three-unit investment, occupy the front residence while generating income from the rear units, or explore a multigenerational living arrangement. Additional highlights include six on-site parking spaces, LAR2 zoning, separate living areas, and convenient access to USC, Exposition Park, Downtown Los Angeles, major freeways, shopping, dining, public transportation, and employment centers. Now offered at $1,199,999, 845 W 56th Street presents a compelling opportunity to acquire three renovated units with multiple income streams and extensive permitted improvements in the Los Angeles market. Buyer and buyers agent to independently verify all information, including but not limited to square footage, permits, zoning, unit count, ADU status, rental income, vacancy/delivery status, and property condition.