Atwater Village Triplex 3803 Seneca Ave 3 Unit Apartment Building $1,679,000 ($559,667/Unit) 3.80% Cap Rate Los Angeles, CA 90039

Fully Remodeled Legal Triplex | Atwater Village Adjacent to Glendale | Owner-User & Investment Opportunity
Rare opportunity to acquire a beautifully remodeled legal triplex in the highly desirable Atwater Village neighborhood, adjacent to Glendale, Los Feliz, and Silver Lake. This turnkey multifamily investment offers a desirable unit mix consisting of a front 2-bedroom, 2-bathroom home and two rear 1-bedroom, 1-bathroom units, totaling approximately 2,322 square feet on a 5,249-square-foot lot.
The property has undergone extensive capital improvements, making it an exceptional low-maintenance investment. Recent upgrades include newer roofing, gutters, HVAC systems, electrical panels and wiring, sewer lines, water heaters, remodeled kitchens and bathrooms, hardwood flooring, updated appliances, and modern interior finishes. Each unit features its own private washer and dryer, providing an attractive amenity for tenants.
The property currently produces stable rental income with all three tenants on month-to-month rental agreements, offering future flexibility for rental adjustments or potential owner occupancy of the front residence, subject to applicable laws. Investors will appreciate the opportunity to enhance future cash flow while benefiting from long-term appreciation in one of Northeast Los Angeles' most sought-after rental markets.
Located just minutes from Atwater Village's restaurants, cafés, boutique shopping, Griffith Park, Glendale, Los Feliz, Silver Lake, Downtown Los Angeles, and major transportation corridors including Interstate 5, State Route 2, and State Route 134, this property offers outstanding convenience and lifestyle appeal.