739 New Depot St
Los Angeles, CA, 90012
$1,200,000
Beds
0 Baths
SqFt
0.12 Acres
Add
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&#39'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&#39'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
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

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

Similar Listings Nearby

739 New Depot St
Los Angeles, CA