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$895,000
Est. payment /mo
5 Beds
2,196 SqFt
UPDATED:
02/21/2025 08:43 PM
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $407
MLS Listing ID CL24454499
Bedrooms 5
HOA Y/N No
Year Built 1963
Lot Size 6,276 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
Multi-family dream site! This triplex is located in the Rose Hill neighborhood of Montecito Heights and is waiting for a new owner to maximize this property's potential. This street-to-street lot (Beryl St and Huntington Dr. N.) provides a great income opportunity or future development site (up to 7 units can be built - buyer to verify). It also suits an owner-investor who wants to live in one of the units while deriving income. Two units will be delivered vacant at the close of escrow, which means market rents can be immediately obtained. The middle unit will remain rented and is currently under rent control. There is ample parking for all the units as the property has driveways on either side. The property is located next to Rose Hill Rec Center and a short distance to Rose Hill Park. Furthermore, it's about 2 miles from USC Keck Medical, LA County Hospital, and about 5 miles from the Huntington Memorial Hospital and Pasadena. Other shops and restaurants are conveniently located in neighboring El Sereno and Highland Park and provide access to everything needed. The area is undergoing recent growth which includes several residential development sites nearby.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Flooring Laminate, Wood
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5305032020
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Listed by Letty Vermeulen Hernandez • Aspire Los Angeles