16
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$849,000
Est. payment /mo
6 Beds
5 Baths
Active
3741 Locke Avenue Los Angeles, CA 90032
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-22556
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Prime investment opportunity in one of the most desirable pockets in El Sereno, north of Huntington Dr. This legal detached duplex offers private yard spaces per unit and parking. The property also includes paid plans for expanding both units and converting the detached garage into an Accessory Dwelling Unit (ADU). Currently vacant, house hackers, savvy investors, or contractors can maximize returns in LA's high-demand rental market. Sitting on a fully usable 7,500 sq ft lot, the property is already positioned for major upside: concrete foundation work for the planned additions is complete, new plumbing has been installed, and a gas line is in place for the ADU. Whether you plan to live in one unit and rent out the other two or create a fully income-generating triplex, the groundwork is done. Market Rents Support a monthly gross of $10,100. Opportunities like this are rare--a chance to build equity fast, generate passive income, and design a modern rental or multi-generational compound in a fast-growing community. Neighboring Highland Park, South Pasadena, and Alhambra the property offers easy access to the 110 freeway, Keck Medicine, and Cal State LA. Invest, build, earn, and thrive in Northeast LA.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Northbound on Huntington Dr make a left on El Sereno Ave, Left on Edison St, Right on Locke Ave.
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 5306011046
Listed by Yonathan Canete Baltazar The Agency