$975,000
$1,100,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
140 S Avenue 58 Los Angeles, CA 90042
10 Beds
5 Baths
3,384 SqFt
Key Details
Sold Price $975,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $288
MLS Listing ID 25499913
Sold Date 08/21/25
Bedrooms 10
Construction Status Fixer
HOA Y/N No
Year Built 1909
Lot Size 6,921 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD1.5
Interior
Interior Features Ceiling Fan(s)
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Dryer, Washer
Exterior
Parking Features Concrete
Pool None
View Y/N No
View None
Roof Type Composition,Shingle
Accessibility None
Porch None
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Faces East
Story 2
Entry Level Multi/Split
Foundation Raised
Sewer Sewer Tap Paid
Architectural Style Craftsman
Level or Stories Multi/Split
New Construction No
Construction Status Fixer
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5492002002
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Dana Coronado Compass