Investor opportunity in prime Mid-City Los Angeles – triplex with value-add potential. Located between Koreatown, Arlington Heights, and Mid-Wilshire, this centrally positioned multifamily income property offers strong rental demand, excellent tenant access to major job centers, and long-term upside in one of Los Angeles’ most desirable rental markets. The property features three units including a 2-bedroom / 1-bath front unit with interior parking, a 1-bedroom / 1-bath middle unit, and a spacious 3-bedroom / 1-bath rear unit, providing a versatile unit mix that attracts a wide range of tenants. The lot also includes approximately six covered carport parking spaces, a highly desirable amenity in dense Los Angeles neighborhoods. Two units are currently generating rental income, while the rear unit presents value-add potential for investors looking to renovate and reposition the property to increase rental income. Front or middle unit potentially may come vacant with the right offer. Back Unit is behind on 4 month payments. This also creates an excellent house-hack opportunity for an owner-occupant looking to live in one unit while offsetting the mortgage with rental income from the other units. Zoned LARD1.5, the property may offer future development potential and additio
MLS #
CRCV26045861
MLS Source
California Regional MLS
Days on Site
27
Appliances
Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
Cooling
Central Forced Air
Heating
Other
Roof
Shingle
Foundation
Other
Pool
None
Garage/Parking
Covered Parking, Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
1328 3rd is a Triplex in Los Angeles, CA 90019. This – square foot property sits on a 7,502 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,059,000 and was built in 1903. This address can also be written as 1328 3rd, Los Angeles, CA 90019.
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This listing information is up-to-date as of March 16, 2026. For the most current information, please contact Armando Olmeda, (909) 286-2005