840 TERRACE 49
Los Angeles, CA 90042
2,130 SF
Lot Size: 7264 sq.ft.
Year Built: 1925
Stories: 2
MLS# 22172583
Neighborhood: 632 - Highland Park
Active | Offered at $1,295,000

Troy Palmquist

DRE# 01772139

Property Description

Potential awaits! Located on a quaint and quiet street in one of Mount Washington's most desirable pockets, this charming 1920s Craftsman-style triplex sits on a vast 7,000+ sq. ft lot. The property consists of three tenant-occupied units with rent totaling over $4,762 / month: two 1 bed/1 bath units facing the street, and a 2 bed / 1 bath unit downstairs, facing the expansive yard with possible potential for a second bathroom and primary bedroom extension. All units are well maintained with later appliances, updated electrical, laundry facilities, window mounted air conditioning, as well as hardwood and tile flooring. A shared deck overlooking lush gardens and broad nearly flat undeveloped portion, provides endless possible opportunities, including potential ADU.Perfect for an owner-user or investor. The adjacent empty lot is owned by the neighboring church, granting additional privacy and views.

Features & Amenities

Parking Spaces: 1
Listing Provided By
George E Penner, DPP
Based on information from California Regional Multiple Listing Service, Inc. as of August 13, 2022. 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.

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