Active
140 S Avenue 58
Los Angeles CA, 90042
$1,350,000
$398.94 per sqft
Active
10 Beds
5 Baths
3,384 sqft
Multi-family
Built in 1909
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.
25499913
MLSⓇ ID
February 18, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
5
Interior Features
None
Appliances
Ceiling Fan, Range/Oven, Gas Dryer Hookup, Washer, Dryer
Laundry Description
In Unit
Floor Description
Laminate, Tile
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Ceiling Fan
Heating
Yes
Heating Description
Wall Gas
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Lot Shape-Rectangular, Fenced Yard
Roof
Composition, Shingle
Sewer
In Connected and Paid
Patio And Porch
None
Security
Carbon Monoxide Detector(s), Smoke Detector, Automatic Gate
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
Highland Park
Days on Market
2
Garage
No
Parking
Driveway - Concrete, Driveway Gate
Parking Total
5
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Waterfront Features
None
Zoning
LARD1.5
Open House Schedule
Sat, Feb 22nd
11:00 AM - 2:00 PM PST
Sun, Feb 23rd
1:00 PM - 4:00 PM PST
Listed by Dana Coronado with Compass
Listing Contact: 310-562-9630
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Trevino Properties Inc. | CA DRE# 01324975 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/22/2025
