Downtown L.A. (C42) Homes with Triplex Subtype

Downtown L.A. (C42) Homes with Triplex Subtype

Welcome to Downtown Los Angeles (C42), a vibrant urban hub that seamlessly blends the pulse of modern living with rich historical charm. Nestled in the heart of Los Angeles County, this dynamic district is a tapestry of culture, art, and innovation, making it one of the most sought-after locations in Southern California.

Downtown L.A. is renowned for its iconic skyline, bustling streets, and a plethora of amenities. From trendy cafes and gourmet restaurants to world-class theaters and art galleries, there's always something exciting happening just around the corner. The area is also home to major attractions like the Walt Disney Concert Hall, The Broad Museum, and the historic Olvera Street, providing residents with endless opportunities for exploration and entertainment.

For those considering a unique living arrangement, the triplex homes in Downtown L.A. offer an exceptional opportunity. These multi-family residences not only provide a spacious and versatile living environment but also present an attractive investment potential. Whether you’re looking to live in one unit while renting out the others or seeking a property that can accommodate extended family, triplex homes cater to diverse lifestyles.

With modern amenities and proximity to public transit, shopping, and schools, triplex living in Downtown L.A. is perfect for both young professionals and families alike. Embrace the urban lifestyle while enjoying the benefits of homeownership in one of the most exciting areas of Los Angeles. Discover your dream triplex in Downtown L.A. today and experience the vibrant community that awaits you!

Newest Downtown L.A. (C42) Homes with Triplex Subtype

$1,650,000
CV26097517 MLS Active Status
Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street, this property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at a more attainable price point. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units (8 studios and 2 one-bedroom/one-bath units). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 4 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

1317 Linwood Avenue, Los Angeles

$949,000
CV26017202 MLS Active Status
Exceptional opportunity to own an upgraded, income-producing triplex in a prime Los Angeles location offering immediate cash flow of $77,400 in yearly revenue, modern improvements, and long-term appreciation potential. This property has undergone extensive renovations completed in December 2021, including bright new flooring, updated bathrooms, refreshed interiors, and major system upgrades designed to reduce maintenance and attract quality tenants. Approximately three years ago the plumbing was upgraded to durable PEX throughout, providing long-lasting reliability and peace of mind for investors. All units feature modern finishes and appealing layouts, making this a true multi-unit asset with additional rental upside. The property is individually metered for electricity and gas, helping keep owner expenses low. Owner pays water only (approximately $800 every two months), while tenants cover other utilities. Ample parking is available with front parking for the front units and dedicated rear parking for the back unit, adding strong tenant appeal. Front Unit #1 is a spacious two-story 2-bedroom, 2-bathroom unit featuring significant electrical upgrades including a new 200-amp electrical panel and updated wiring. Front Unit #2 is a 1-bedroom, 1-bathroom unit with a new water heater installed June 2023 and modern interior finishes. Rear Unit #3 offers 2 bedrooms and 1 bathroom with upgraded flooring and private rear parking access. Ideally situated with easy access to major freeways, this property is just minutes from Downtown Los Angeles, USC, Exposition Park, museums, entertainment venues, LAX, and SoFi/Rams Stadium, making it highly attractive for tenants seeking convenience and connectivity. With recent renovations, modern infrastructure, low owner utility responsibility, strong rental demand, and clear upside potential, this triplex represents a rare investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio.

6530 Denver, Los Angeles

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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.