132 S Avenue 56, Los Angeles, CA 90042

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Property Description

Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!


Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Tile, Vinyl, Wood
Interior Information
Cooling Type None

Listing Information

Address 132 S Avenue 56
City Los Angeles
State CA
Zip 90042
County Los Angeles
Listing Agent Jesse Sanchez DRE #02033411
Courtesy Of PAK HOME REALTY
List Price $1,080,000
Status Active Under Contract
Type Residential Income
Subtype Triplex
Structure Size N/A
Lot Size 10,177
Year Built 1908

Listing information courtesy of: Jesse Sanchez, PAK HOME REALTY. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 9:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.