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Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23163105
Sold Date 10/13/23
HOA Y/N No
Year Built 1922
Lot Size 4,508 Sqft
Property Description
Welcome to this beautifully remodeled triplex located in Tujunga, Ca. This exceptional property presents a rare opportunity for both investors and homeowners looking for a versatile and income-generating real estate asset. Market rents of $7,100 per month support a strong 5.8% cap rate for your portfolio.
Each unit of this triplex has been meticulously renovated to offer modern comforts and stylish living spaces. All units are 1 bed, 1 bath and have undergone a complete renovation, providing a comfortable and chic living space that stands out in today's rental market. Each unit includes in-unit laundry hook ups, mini-split AC/Heater, and their own individual private yards. The back unit, the jewel of this triplex, is a detached single family home showcasing privacy, a spacious layout, plenty of storage space and a large backyard making it a standout option for renters seeking both style and convenience.
As you step inside, you'll be greeted by thoughtfully designed interiors that seamlessly blend contemporary aesthetics with functionality. The open-concept layouts of each unit offer spacious living areas, abundant natural light, and a sense of connectedness. Modern kitchens equipped with new custom cabinets, quartz counters, and stainless steel appliances, elegant bathrooms featuring tile showers, and new stylish vanities complete the picture of refined living. The exterior boasts a new driveway, new concrete walkways and patios, all new fencing, a fresh coat of paint, and updated landscaping, exuding curb appeal that instantly captures attention. There are (3) off-street parking spaces each with their own 50-amp EV chargers.
The 2023 remodel also included a brand-new sewer lateral in the street, sewer line, copper plumbing, new drain lines, electrical panels, electrical wiring throughout, recessed lighting, roof, Milgard windows, doors and custom handrails. 3 separate electric and gas meters, 1 water meter. The turn-key condition of this triplex provides security and peace of mind for years to come.
Whether you're a seasoned investor looking for a property with strong rental potential or a homeowner seeking supplemental income, this remodeled triplex offers the perfect blend of luxury, practicality, and opportunity.
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Zoning LAR3
Interior
Interior Features Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down
Heating See Remarks
Cooling See Remarks
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Microwave
Laundry None
Exterior
Garage Off Street, One Space
Fence Wood
Pool None
Community Features Biking, Foothills, Golf, Hiking, Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility Parking
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Rectangular Lot, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2568006003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
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Bought with Sam Manoukian • DiversifiedPropertyInvestments