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140 S Avenue 58
Los Angeles, CA 90042 Highland Park

Price Upon Request

Apartments For Sale  •  3,384 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,384 SF
  • Lot Size 0.16 AC
  • Building Class B
  • Year Built 1909
  • Zoning LARD1.5
63 Transit Score
94 Walk Score

Highlights

Rare Sale of a 100% Vacant Value-Add Triplex in Prime Highland Park!
Near Figueroa's hottest shops, cafes, bars, & restaurants. Also near 2 public parking lots. 95 Walk Score!
RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!)
Under $330/SF! Major Deal for This Location!
All the 3Br units are HUGE!! 1,000 SF Homes in Highland Park generally sell for $800/SF and are usually $800,000 and up! This is an incredible value!
Unit #1 has already been renovated.

Financial Summary (Actual)

Net Operating Income: $111,873 USD (2024)
Total Expenses: $27,807 USD

Amenities

  • Washer/Dryer Hookup
  • Kitchen
  • Basement

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 6.6 mi
Cal State La Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 13 min - 9.4 mi
Transit/SubwayDriveWalkDistance
Highland Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 5 min 0.3 mi
AirportDriveWalkDistance
Bob Hope 24 min - 16.9 mi
Los Angeles International 32 min - 20.4 mi
Long Beach (Daugherty Field) 38 min - 25.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes