5218 San Vicente Boulevard, Los Angeles, CA 90019

$1,300,000
3
BD
3
BA
2,124
SqFt

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List Price
$1,300,000
Status
ACTIVE
MLS#
26851283
Year Built
1942
Bedrooms
3
Bathrooms
3
Living Sq. Ft
2,124
Lot Size
6,726
Acres
0.15
Days on Market
37
Property Type
Multifamily
Stories
One Level

Property Description

5218 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for SaleMiracle Mile Adjacent Investment or Owner-Occupant Opportunity. Discover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods. The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. Two (2) units will be delivered vacant at close of escrow, making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The remaining unit is currently rented at $1,100/month for immediate cash flow and may also be delivered vacant. Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for vacant units, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives. Conveniently located near shopping, dining, entertainment, major employment centers, and transportation corridors. Don't miss this rare chance to own a turnkey income-producing triplex in Mid-City Los Angeles! Please do not disturb tenants or walk the property without an appointment.

Additional Information

Appliances
Dishwasher, Electric Cooktop, Disposal, Microwave, Oven
Pool Description
None
Heat
Fireplace(s), Wall Furnace
Cooling Description
None
Garage Spaces Total
2
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Thomas Chorley (thomas.chorley@redfin.com) from Listing Office: Redfin.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.