Rare opportunity to acquire a triplex located on a street to street lot in the rapidly developing Chinatown Neighborhood. (Unit #1) 739 New Depot Street, originally built in 1925 and had alterations in the 50-60s, offers 2 bedrooms plus a den (which could be converted to 3rd bedroom), 1.5 bathrooms, a service porch with laundry hookup, newly updated kitchen and bathrooms, new double pane windows, new laminated flooring, a newly installed roof with insulation and fresh interior paint. (Unit #2) The downstairs unit, 741 New Depot Street, boasts 3 bedrooms, 1.75 bathrooms, recently refreshed paint, and a remodeled kitchen and bathrooms completed 5 years ago. (Unit #3) 730 W College Street offers 4 bedrooms, 2 upgraded bathrooms, living and dining room, a thoughtfully remodeled chef’s Kitchen featuring a breakfast nook, stainless steel appliances, a 5-burner gas cooktop, a wok stove for a deep bowl-shaped frying pan and dual exhaust fans, ample cabinetry, recessed lighting, a newer central AC unit, and dual pane windows throughout. 741 New Depot St and 730 W College St were built in 1966 and the remodeling work was completed 5 years ago.
This property is conveniently situated just two blocks away from the Alpine Recreation Center, offering amenities such as a basketball court and children''s playground, as well the Chinatown Service Center. It provides easy access to major freeways including the 110, 101, and 5, and is only a few blocks from N Broadway with quick access to Downtown Los Angeles.
This thoughtfully upgraded multi-family triplex presents AN EXCELLENT OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS looking to reside in one unit while generating rental income from the others. Don''t let this gem to pass you by!
This property is conveniently situated just two blocks away from the Alpine Recreation Center, offering amenities such as a basketball court and children''s playground, as well the Chinatown Service Center. It provides easy access to major freeways including the 110, 101, and 5, and is only a few blocks from N Broadway with quick access to Downtown Los Angeles.
This thoughtfully upgraded multi-family triplex presents AN EXCELLENT OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS looking to reside in one unit while generating rental income from the others. Don''t let this gem to pass you by!
Property Details
Price:
$1,200,000
MLS #:
AR24142131
Status:
Active Under Contract
Baths:
0
Address:
739 New Depot St
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
chnachinatown
City:
Los Angeles
Listed Date:
Jun 24, 2024
State:
CA
ZIP:
90012
Lot Size:
5,407 sqft / 0.12 acres (approx)
Year Built:
1966
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Window Features
Double Pane Windows
Exterior
Community Features
Urban
Fencing
Wrought Iron
Garage Spaces
3.00
Lot Features
Lot Over 40000 Sqft
Parking Spots
7.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Map
Community
- Address739 New Depot St Los Angeles CA
- AreaCHNA – Chinatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90012
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
739 New Depot St
Los Angeles, CA
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