Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you’re looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!
Property Details
Price:
$679,000
MLS #:
P1-21394
Status:
Active
Baths:
0
Address:
701 Leonard Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
elaeastlosangeles
City:
Los Angeles
Listed Date:
Feb 19, 2025
State:
CA
ZIP:
90022
Lot Size:
7,479 sqft / 0.17 acres (approx)
Year Built:
1931
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Schools
Interior
Accessibility Features
Parking
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Tile, Laminate
Heating
Wall Furnace
Exterior
Community Features
Curbs
Fencing
Chain Link
Foundation Details
Raised
Garage Spaces
3.00
Lot Features
Corner Lot, Sprinklers None
Parking Features
Garage, Concrete, Shared Driveway, Driveway, Covered, Side by Side
Parking Spots
8.00
Pool Features
None
Roof
Composition, Spanish Tile
Security Features
Carbon Monoxide Detector(s), Window Bars, Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address701 Leonard Avenue Los Angeles CA
- AreaELA – East Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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701 Leonard Avenue
Los Angeles, CA
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