$925,000

Estimated payment $4,902/month

Total Views 10,327
3 Beds
3 Baths
1,276 Sq Ft
$725 Price per Sq Ft

Highlights

  • No Units Above
  • Corner Lot
  • Laundry Room
  • Abraham Lincoln High School Rated A-
  • No HOA
  • 1-Story Property

About This Home

Nestled in the heart of the vibrant and centrally located Cypress Park neighborhood, this triplex offers endless potential for homeowners and investors alike. Featuring three units, each with unique character and charm, this property provides the perfect blend of functionality and opportunity for customization. The property includes three 1-bedroom units. Set on a generously sized lot, there’s plenty of outdoor space to reimagine for entertaining, gardening, or future ADU Development. Situated on a quiet street with easy access to shops, restaurants, and parks, this property is also a commuter’s dream, with close proximity to major freeways and public transportation options. Cypress Park is a neighborhood on the rise, known for its growing creative energy, diverse dining options, and outdoor recreation. Just minutes from hotspots like Highland Park, Frogtown, and the LA River Bike Path, this triplex is ideally positioned for those seeking a dynamic lifestyle and excellent long-term value. Whether you’re looking to generate rental income, create a multi-generational living space, or craft your dream home, this property is a rare opportunity to own in one of LA’s most exciting neighborhoods. Don’t miss out—this gem is ready to shine!

Listing Agent

Manuel Fierros

Ontrak Real Estate Brokerage Phone: 5622016665 License #01925599 Listed on: 01/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,049 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 67
  • Assessor Parcel Number 5453015026
  • $272 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5453015026
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 724.92

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5049.00
  • Lot Size Acres: 0.1159

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5049.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1853.10
  • Tax Lot: 54
  • Tax Tract Number: 67
  • TaxOtherAnnualAssessmentAmount: 272.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $837 $826,200 $510,000 $316,200
2024 $837 $47,047 $27,133 $19,914
2023 $826 $46,125 $26,601 $19,524
2022 $794 $45,222 $26,080 $19,142
2021 $778 $44,336 $25,569 $18,767
2020 $781 $43,882 $25,307 $18,575
2019 $760 $43,022 $24,811 $18,211
2018 $698 $42,179 $24,325 $17,854
2016 $654 $40,543 $23,382 $17,161
2015 $647 $39,935 $23,031 $16,904
2014 $671 $39,153 $22,580 $16,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 For Sale $925,000 -- $725 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25015924

California Regional Multiple Listing Service (CRMLS)

APN: 5453-015-026