
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26132132
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1924
Lot Size 5,122 Sqft
Property Sub-Type Triplex
Property Description
An exceptional opportunity to acquire a turnkey, fully remodeled triplex featuring extensive permitted improvements completed in 2024. With market rents already in place and a newly improved price, this property offers investors immediate income potential while also providing an attractive option for owner-users and multigenerational living.
The property consists of a spacious front residence and two rear units, all extensively renovated with modern finishes. Improvements include remodeled kitchens and bathrooms, updated flooring, recessed lighting, dual-pane windows, a new roof, HVAC improvements, and a permitted ADU conversion.
The front residence is a standout, offering an impressive open-concept floor plan with soaring vaulted ceilings, designer lighting, a large center island, and contemporary finishes that create the space and feel of a single-family home. The two rear units have also been thoughtfully remodeled, providing turnkey interiors and strong rental appeal.
Currently income-producing, with the seller open to considering delivery vacant, buyers have multiple options: maintain the property as a three-unit investment, occupy the front residence while generating income from the rear units, or explore a multigenerational living arrangement.
Additional highlights include six on-site parking spaces, LAR2 zoning, separate living areas, and convenient access to USC, Exposition Park, Downtown Los Angeles, major freeways, shopping, dining, public transportation, and employment centers.
Now offered at $1,199,999, 845 W 56th Street presents a compelling opportunity to acquire three renovated units with multiple income streams and extensive permitted improvements in the Los Angeles market.
Buyer and buyer's agent to independently verify all information, including but not limited to square footage, permits, zoning, unit count, ADU status, rental income, vacancy/delivery status, and property condition.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning R2-1-CPIO
Interior
Interior Features Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Inclusions appliances
Fireplace No
Appliance ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Vented Exhaust Fan, Water Heater
Laundry Washer Hookup
Exterior
Parking Features Concrete, Driveway Level, Driveway, Gated, On Site, Paved, Private, Tandem, Uncovered
Fence Privacy, Wood
Pool None
Community Features Urban, Park
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, No Landscaping, Near Park
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Craftsman, Modern, Traditional
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Others
Senior Community No
Tax ID 5001010019
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Special Listing Condition Standard

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