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Pending
  • Price cut: $150K (6/9)
    $1,100,000

    140 S Avenue 58, Los Angeles, CA 90042

    10beds
    5baths
    3,384sqft
    : 
    Multi Family
    Built in 1909
    -- sqft lot
    $-- Zestimate®
    $325/sqft
    $-- HOA

    What's special

    Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. 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!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.
    144 days
    on Zillow
    |
    261
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 24, 2025 at 06:26am

    Listed by:

    Dana Coronado DRE # 01746702 310-562-9630,

    Compass 818-783-7721,

    Charlie Coronado DRE # 01723306 323-841-2911,

    Compass

    Source: CLAW,MLS#: 25499913MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    Bathroom
    • Features: Tile, Low Flow Shower(s), Low Flow Toilet(s)
    Heating
    • Wall Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Gas Oven, Range/Oven, Washer, Dryer, Gas Water Heater
    • Laundry: In Unit, Gas Dryer Hookup
    Features
    • None, Ceiling Fan(s)
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 3,384
    • Total interior livable area: 3,384 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Concrete, Driveway Gate
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Entry location: Ground Level w/steps
    • Patio & porch: None
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced Yard
    • Has view: Yes
    • View description: None
    • Waterfront features: None
    Lot
    • Size: 6,921.68 Square Feet
    • Features: Rectangular Lot
    Details
    • Additional structures: None
    • Parcel number: 5492002002
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Multi Family
    Materials
    • Frame, Wood Siding
    • Foundation: Raised
    • Roof: Composition,Shingle
    Condition
    • Fixer
    • Year built: 1909

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Automatic Gate
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $901,380
    • Annual tax amount: $11,336
    • Date on market: 2/18/2025
    • Inclusions: Sale includes RTI Permits for a remodel of 2 units, and non-RTI plans for a rear detached 3Br+3Ba ADU.
    • Tenant pays: Gas, Electricity, Trash Collection
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