845 W 56th Street, Los Angeles, CA 90037

$1,249,999

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List Price
$1,249,999
Status
ACTIVE
MLS#
PW26132132
Year Built
1924
Lot Size
5,122
Acres
0.12
Lot Location
0-1 Unit/Acre, No Landscaping, Near Park
Days on Market
35
Property Type
Multifamily
Style
Contemporary, Craftsman, Modern, Traditional
Property Sub Type
Triplex
Stories
Two Levels

Property Description

Rare opportunity to acquire a fully remodeled triplex in the heart of Los Angeles featuring extensive permitted improvements completed in 2024. The property offers investors immediate cash flow with market rents already in place. For owner-users, the seller may deliver the property vacant, creating a unique opportunity to occupy one or more units while benefiting from rental income. The property consists of a spacious front residence and two rear units, all thoughtfully renovated with modern finishes throughout. Recent upgrades include remodeled kitchens and bathrooms, updated flooring, recessed lighting, dual-pane windows, a new roof, HVAC improvements, and a permitted ADU conversion. The front residence showcases an impressive open-concept floor plan with soaring vaulted ceilings, designer lighting, a large center island, and contemporary finishes that create a true single-family home feel. The rear units have also been extensively remodeled, providing turnkey living and strong rental appeal. Additional features include six on-site parking spaces, LAR2 zoning, separate living areas, and a prime location with convenient access to USC, Exposition Park, Downtown Los Angeles, major freeways, shopping, dining, and employment centers. Whether you’re seeking a turnkey investment, a multigenerational living opportunity, or an owner-user property with income potential, 845 W 56th Street offers flexibility, quality, and long-term value.

Additional Information

Appliances
ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Vented Exhaust Fan, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Roof
Composition, Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$91,200
Operating Expense
30324

Listing courtesy of Listing Agent: Rosmery Pena (rose.pena1021@gmail.com) from Listing Office: LPT Realty, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.