Property Description
We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$13,974
TurboHome Estimated Value
$1,063,300
$417 sqft
High Valuation
$1,116,465
$438/sqft
Normal Valuation
$1,063,300
$417/sqft
Low Valuation
$1,010,135
$396/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $417/sqft | $1,063,300 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$730K
$768K
$1.13M
$1.20M
4537 E 2nd St, Los Angeles, CA 90022
Sale Price: $730,000
Selected Comparable
1146 S Townsend Ave, Los Angeles, CA 90023
Sale Price: $768,000
Selected Comparable
928 S Record Ave, Los Angeles, CA 90023
Sale Price: $1,125,000
Selected Comparable
928 S Record Ave, Los Angeles, CA 90023
List Price: $1,195,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT928 S Record Ave, Los Angeles, CA 90023
List: $1,195,000
Listed: 10/17/2024
Area:2,550 sqft
Price/sqft:$469
Beds:7
Baths:3
Year Built:—
Lot Size:7,200
Comparable Properties
COMPARABLEChoose comps
928 S Record Ave, Los Angeles, CA 90023
Sale: $1,125,000
4/16/2025 • 0.00 mi
Area:2,550 sqft
Price/sqft:$441
Beds:7
Baths:3
Year Built:—
Weight:44.5%
4537 E 2nd St, Los Angeles, CA 90022
Sale: $730,000
11/27/2024 • 1.13 mi
Area:2,436 sqft
Price/sqft:$300
Beds:6
Baths:3
Year Built:—
Weight:30.0%
1146 S Townsend Ave, Los Angeles, CA 90023
Sale: $768,000
4/30/2025 • 0.41 mi
Area:2,080 sqft
Price/sqft:$369
Beds:6
Baths:4
Year Built:—
Weight:25.5%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
928 S Record Ave, Los Angeles, CA 90023 | $1,195,000 | 2,550 | $469 | 7,200 | — | 10/17/2024 | 7 | 3 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
928 S Record Ave, Los Angeles, CA 90023 | $1,125,000 | 2,550 | $441 | 7,200 | 0.00 mi | 4/16/2025 | 7 | 3 | — | 44.5% | |
4537 E 2nd St, Los Angeles, CA 90022 | $730,000 | 2,436 | $300 | 5,382 | 1.13 mi | 11/27/2024 | 6 | 3 | — | 30.0% | |
1146 S Townsend Ave, Los Angeles, CA 90023 | $768,000 | 2,080 | $369 | 5,520 | 0.41 mi | 4/30/2025 | 6 | 4 | — | 25.5% |
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TurboHome Est. Value:
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