Built in 2020, this non-RSO triplex delivers an exceptional 7.6% CAP rate and flexibility for both investors and owner-occupants alike. The property is entirely exempt from state and local rent control regulations, providing rare freedom in setting rental terms and maximizing income potential. The front, stand-alone unit lives like a single-family home – freshly remodeled and delivered vacant, ready for an owner to move in or for immediate lease-up. This spacious unit offers approximately 1,700 sq. ft. of open-concept living space filled with natural light, featuring 4 bedrooms, 3 bathrooms, and a two-car attached garage. At the rear are two identical tenant-occupied units, each offering 1,561 sq. ft., 4 bedrooms, and 3 bathrooms, generating consistent and significant rental income. The total living area across all three units is over 4,800 sq. ft. with 12 bedrooms and 9 bathrooms. The hardscaped exterior provides ample parking and minimal maintenance, while separate gas, electricity, and water meters allow tenants to pay their own utilities, simplifying management and maximizing net income. For the sophisticated investor, there is an opportunity here for cost segregation to allow significant tax deductions and savings up-front, making this a no-brainer investment. Also a great opportunity for an owner-occupier to take advantage of Fannie Mae’s new 5% down payment opportunity! Situated in an area benefiting from major infrastructure and economic growth ahead of the 2028 Olympic Games, the 2026 World Cup, and ongoing public transit expansion, this property offers not only strong current cash flow but also meaningful long-term appreciation potential.
Property Details
Price:
$1,669,000
MLS #:
25604359
Status:
Active
Beds:
12
Baths:
9
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Nov 22, 2025
Finished Sq Ft:
4,800
Total Sq Ft:
4,800
Lot Size:
6,301 sqft / 0.14 acres (approx)
Year Built:
2020
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF
Cooling
CA
Heating
CF
Laundry Features
STK, ICL, DINC, WINC
Exterior
Architectural Style
MOD
Parking Spots
6
Security Features
GC
Financial
Map
Community
- Address645 W 97th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 11, 2025
3,170
Single Family Listed
70
Avg DOM
698
Avg $ / SqFt
$1,459,210
Avg List Price
Property Summary
- 645 W 97th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90044. It is listed for $1,669,000 and features 12 beds, 9 baths, and has approximately 4,800 square feet of living space, and was originally constructed in 2020. The current price per square foot is $348. The average price per square foot for Single Family listings in Los Angeles is $698. The average listing price for Single Family in Los Angeles is $1,459,210.
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