$1,030,000
$1,125,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
5,205 Sqft Lot
SOLD DATE : 04/17/2025
Key Details
Sold Price $1,030,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25035752
Sold Date 04/17/25
HOA Y/N No
Year Built 1948
Lot Size 5,205 Sqft
Property Sub-Type Triplex
Property Description
Excellent Cash Flow & Growth Potential! Nestled in the highly desirable Glassell Park, adjacent to Eagle Rock and Glendale, this well-maintained triplex offers the perfect blend of privacy, convenience, and investment potential. With great tenants who pay on time, this property generates steady income with rental upside! Prime Location: Just minutes from freeways, markets, parks, shopping, and top-rated schools, this property boasts great visibility while remaining private—ideal for long-term tenants and future value appreciation.
Property Highlights: *Well-Maintained, Managed by a professional property management company * Roof – Less than 10 years old
* Bright & Spacious Units – Large windows, dual access, and a great layout * Wall Unit A/C – Comfort in every unit * 6 Parking Spaces – 3 garages + 3 additional spots * Laundry Room & Storage – Added convenience for tenants * Separate Gas & Electric Meters – Tenants pay for gas, electricity & trash* Owner Pays – Water, sewer, and gardening.
With strong cash flow, minimal expenses, and room for rental increases, this is a fantastic opportunity for investors seeking passive income and long-term appreciation. Don't miss out—schedule a viewing today!
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LARD1.5
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type Kitchen, Living Room
Fireplace Yes
Laundry Common Area
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban, Sidewalks
Utilities Available Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5683011015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Razmik Tatos • Realty Executives Power Group
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