Active
140 S Avenue 58
Los Angeles CA, 90042
$1,350,000
$398.94 per sqft
Active
10 Beds
5 Baths
3,384 sqft
Residential
Built in 1909
Listed by Dana Coronado with Compass 310-562-9630
Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.
25499913
MLSⓇ ID
February 18, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
5
Interior Features
Ceiling Fan(s)
Appliances
Gas Oven, Dryer, Washer
Floor Description
Laminate, Tile
Fireplace
No
Fireplace Description
None
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Rectangular Lot
Architectural Style
Craftsman
Roof
Composition, Shingle
Sewer
Sewer Tap Paid
Patio And Porch
None
Security
Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
632 - Highland Park
Days on Market
2
Accessibility
None
Garage
No
Parking
Concrete
Parking Total
5
View
No
View Description
None
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARD1.5
Open House Schedule
Sun, Feb 23rd
1:00 PM - 4:00 PM PST
Listing Contact: 818-783-7721
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 2/22/2025 at 11:01 AM UTC