845 W 56th Street, Los Angeles, CA 90037
- $1,199,999
- List Price
- $1,199,999
- Price Change
- ▼ $50,000 1786244672
- Status
- ACTIVE
- MLS#
- PW26132132
- Year Built
- 1924
- Lot Size
- 5,122
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre, No Landscaping, Near Park
- Days on Market
- 47
- Property Type
- Multifamily
- Style
- Contemporary, Craftsman, Modern, Traditional
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
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 buyer’s 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.
Additional Information
- Appliances
- ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $91,200
- Operating Expense
- 30324
Listing courtesy of Listing Agent: Rosmery Pena (rose.pena1021@gmail.com) from Listing Office: LPT Realty, Inc.
Mortgage Calculator
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.