$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
- 42 days on market
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

CLAW #25499913
Listed
$1,350,000
+76.47%
06/26/2015

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: 04/01/2025 at 8:15 PM
Listing updated: 03/07/2025 at 11:10 AM
Listed by: Dana Coronado, Compass Phone #: (818) 783-7721
MLS: CLAW #25499913

Recently listed in Los Angeles
$1,250,000|2 bd|2.0 ba|House
$1,199,000|2 bd|2.0 ba|House
$895,000|2 bd|2.0 ba|Condo
$989,000|3 bd|3.0 ba|Condo
$999,888|2 bd|2.0 ba|Condo
$775,000|1 bd|1.0 ba|Condo
$1,995,000|3 bd|2.5 ba|House
$815,000|5 bd|3.0 ba|House
$1,650,000|4 bd|3.5 ba|House
$2,495,000|3 bd|1.75 ba|House
Explore top cities in California