1117 W 58th Place

Fantastic Opportunity to Acquire a Triplex Property on One Lot! This excellent investment opportunity is ideal for investors, developers, or families seeking three residential units in a highly convenient location near shopping centers and Sofi Stadium. The property is within a short 4.8-mile distance from Sofi Stadium, making it a prime location. Additionally, it offers easy access to downtown Los Angeles, the 110 & 105 Freeways, and Augustus Hawkins High School, all within a few miles.
Priced to sell, the property holds significant potential for generating attractive rental income. The entire property is gated, ensuring privacy. All three units have separate addresses, as well as separate gas and electrical meters. Two of the units were remodeled a few years ago, while the front unit may require some tender loving care (TLC).
The back unit, 1117 1/2, is in great condition, featuring 2 bedrooms and 1 bathroom. It offers a garage with tile flooring, storage space, a covered patio, and a covered carport accommodating up to 2 cars (possibly 3). This unit boasts a newer kitchen, bathroom, and laminate flooring throughout, with the convenience of washer and dryer hookups.
The middle unit, 1119, is in good condition and comprises 1 bedroom and 1 bathroom. It has undergone remodeling in recent years, including new drywall, paint, and a newer kitchen. The home features tile flooring throughout, except for the bedroom which has laminate flooring. It comes with a dedicated 2-car parking space.
The front unit, 1117, is a 1-bedroom, 1-bathroom dwelling located at the front of the property. Each unit has its own address, meters, and mail. This unit may require some TLC and offers one dedicated parking space.
This triplex property presents an incredible investment opportunity with its strategic location, income-generating potential, and separate units for increased privacy and flexibility. Don't miss out on this chance to own a valuable piece of real estate.