5-Bedroom Residential Income - 1616 Pennsylvania Avenue, Los Angeles, CA

$1,098,000

1616 Pennsylvania Avenue, Los Angeles, CA

1616 Pennsylvania Avenue, Los Angeles, CA 90033 - $1,098,000 · 5 bd 4 ba Multi-Family Home for Sale, photo 3

1616 Pennsylvania Avenue, Los Angeles, CA 90033 - $1,098,000 · 5 bd 4 ba Multi-Family Home for Sale, photo 4

1616 Pennsylvania Avenue, Los Angeles, CA 90033 - $1,098,000 · 5 bd 4 ba Multi-Family Home for Sale, photo 5

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Description

Excellent opportunity to own a high-income triplex in a prime location near Adventist Health White Memorial Hospital, Central Korean SDA Church, and Mariachi Plaza Station. This well-situated property offers convenient access to the 101 Freeway and Downtown Los Angeles. The property features three units, including a spacious downstairs has 2 units: 3 Bed + 2 Bath, 1 Bed + 1 Bed. 1 Bed + 1 Bed upstairs with the potential to add a second bedroom within the existing floor plan, and an additional 1-bedroom unit. Ample on-site parking includes a 3-car garage with storage plus 4 additional exterior parking spaces, for a total of 7 spaces. Ideally located near major employment centers, transit, dining, and shopping, this property presents a strong opportunity for investors or owner-occupants seeking rental income. Don't miss the chance to view this ground-floor unit before it's gone.

Property details

Bedrooms

Bathrooms

Square feet

2,225

Year built

1900

Property type

Residential Income

Lot size

7,757 sqft

Location

1616 Pennsylvania Avenue • Los Angeles, CA 90033

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Listed by

Elijah Shin · Dream Realty & Investments Inc

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Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →