$1,350,000
- Beds
- 10
- sq ft
- 3,384
140 S Avenue 58, Los Angeles, CA 90042
140 S Avenue 58
Los Angeles, CA 90042
- 5 days on market
- Open house Feb 23
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.
Details
Property type
Property condition
Fixer
Lot size
6,923 sq ft
Price per sq ft
$399
Year built
1909
HOA
No
Price History
02/18/2025
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CLAW #25499913
Listed
$1,350,000
+76.47%
06/26/2015
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CRMLS #WS15071632
Sold
$765,000
Schools & Community
Neighborhood:
Highland Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Los Angeles Unified
Status: Active
Tomo last checked: 02/23/2025 at 6:40 AM
Listing updated: 02/20/2025 at 1:25 PM
Listed by: Dana Coronado, Compass Phone #: (818) 783-7721
MLS: CLAW #25499913
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