3202 Minneapolis, Los Angeles, CA 90039

$1,749,000

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List Price
$1,749,000
Price Change
▲ $84,900 1783999834
Status
ACTIVE
MLS#
GD26141861
Year Built
1952
Lot Size
5,404
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
27
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Rare opportunity to acquire a beautifully maintained three-unit multifamily property in the heart of highly sought-after Atwater Village, one of Northeast Los Angeles' most desirable and consistently strong rental markets. Situated on a 5,404 SF lot, this charming 1,600 SF property features three (3) detached cottage-style residences, each offering 1 bedroom and 1 bathroom. Individually metered for gas and electricity, the property provides an efficient, low-maintenance investment structure while offering tenants the privacy and appeal of standalone homes. Atwater Village continues to be one of Los Angeles' premier rental destinations, celebrated for its vibrant neighborhood atmosphere, walkable streets, trendy cafés, acclaimed restaurants, boutique shopping, and convenient access to Griffith Park, the Los Angeles River bike paths, Glendale, Los Feliz, Silver Lake, Downtown Los Angeles, and major employment centers. Whether you're a seasoned investor seeking stable long-term income or looking to add a high-demand asset to your portfolio, this property offers an exceptional combination of location, tenant appeal, and future appreciation potential.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$94,800
Operating Expense
28963

Listing courtesy of Listing Agent: Karine Aslanian (Karine@prepm.com) from Listing Office: Christie's RE SoCal.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.