Potential awaits! Located on a quaint and quiet street in one of Mount Washington's most desirable pockets, this charming 1920s Craftsman-style triplex sits on a vast 7,000+ sq. ft lot. The property consists of three tenant-occupied units with rent totaling over $4,762 / month: two 1 bed/1 bath units facing the street, and a 2 bed / 1 bath unit downstairs, facing the expansive yard with possible potential for a second bathroom and primary bedroom extension. All units are well maintained with later appliances, updated electrical, laundry facilities, window mounted air conditioning, as well as hardwood and tile flooring. A shared deck overlooking lush gardens and broad nearly flat undeveloped portion, provides endless possible opportunities, including potential ADU.Perfect for an owner-user or investor. The adjacent empty lot is owned by the neighboring church, granting additional privacy and views.
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Location
840 TERRACE 49, Los Angeles, CA 90042
Status
Sold
George Penner
TITLE
Co-President, Managing Director | Compass Architecture + Design