Charlie j. coronADO

Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month!  WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!)  RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value!  This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated.  Full marketing package available upon request.

140 S Ave 58

Los angeles, ca 90042

  • SALES PRICE: $1,100,000

  • SQUARE FOOTAGE: 3,384

  • LOT SIZE : 6,921

  • BEDS & BATH: 10/5

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311 S Ave 59

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2630 N California St