Los Angeles, CA 90022,701 Leonard Avenue
Listed by Leonard Diaz • Berkshire Hathaway HomeServices California Properties
Bought with Hector Orozco • Equity Smart Real Estate Services

$725,000

$679,000

6.8%
Est.Price: ?

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Est. payment /mo

2,470 SqFt


SOLD DATE : 05/02/2025

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,470 sqft

Price per Sqft $293

MLS Listing ID CRP1-21394

Sold Date 05/02/25

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1931

Lot Size 7,479 Sqft

Property Sub-Type Triplex

Property Description

Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Carpet

Fireplace No

Laundry Inside

Exterior

View None

Handicap Access Other

Building

Lot Description Corner Lot, Other

Water Public

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