This Multifamily Property is no longer advertised on LoopNet.com.

140 S Avenue 58
Los Angeles, CA 90042
3 Vacant Units in Highland Park! Value Add! · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Rare Sale of a 100% Vacant Value-Add Triplex in Prime Highland Park!
  • 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!)
  • 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!
  • Near Figueroa's hottest shops, cafes, bars, & restaurants. Also near 2 public parking lots. 95 Walk Score!
  • Under $330/SF! Major Deal for This Location!
  • Unit #1 has already been renovated.

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.16 AC
Building Size 3,384 SF
Average Occupancy 0%
No. Stories 2
Year Built 1909
Parking Ratio 1.48/1,000 SF
Zoning LARD1.5 - Restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Kitchen
  • Basement

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 $3,750 1,086 - 1,152
1+1 1 $2,200 612

Property Taxes

Property Taxes

Parcel Number
5492-002-002
Land Assessment
$679,040
Improvements Assessment
$240,367
Total Assessment
$919,407
  • Listing ID: 34866635

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 140 S Avenue 58, Los Angeles, CA 90042

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