$1,080,000
Active Under Contract
49 Days Online
0 Beds0 Baths2,764 SQFT
Active Under Contract

132 S Avenue 56 Los Angeles, CA 90042

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Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1, 115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site49 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberCV24160474
  • Home Size Source N/A
  • Year Built1908
  • Lot Size0.2336 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Construction StuccoWood Siding
  • Parking DrivewayGarage
  • Parking Spaces 5
  • Sewer Public Sewer
  • Number of Stories Multi/Split2
  • Acreage 0.2336
  • Water Public
  • Property Sub Type Triplex
  • Garage Spaces 4
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Foundation Combination
  • Zoning LARD2
  • Listing Conditions Standard
  • Direction Faces North

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Appliances Gas Range
  • Flooring CarpetTileVinylWood
  • Fireplace Features None
  • Laundry Features Gas Dryer HookupIndividual RoomInsideWasher Hookup
  • Fireplace No

Exterior Features

  • Roof CompositionShingle
  • View Neighborhood
  • Fencing Chain Link
  • Spa No
  • Pool Features None
  • Spa Features None
  • Lot 0-1 Unit/ AcreLevel with StreetLot 10000-19999 SqftRectangular LotNear Public TransitYard
  • Road Frontage City Street

Community Features

  • Association Dues 0
  • Community Features SidewalksStreet LightsUrban
  • Senior Community No
  • MLS Area 632 - Highland Park

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Monthly Payment (Est.)

$5,247
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