Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Building size

1,774 sqft

Lot size

6,837 sqft

Year built

1949

Stories

2

Garage spaces

0

Style

Traditional

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

174

MLS #

239570373

About this property

A triplex in the El Sereno neighborhood is a classic Eastside income property--compact, functional, and updated while still fitting the hillside character of the area. Two of the three units have been completely updated and remodeled. The upstairs unit is occupied. Onsite parking is at the rear of the property off the alley.This triplex sits on a gently sloped lot with two units at street/entry level and one unit perched above. The exterior presents as a traditional Los Angeles triplex--stucco, simple lines, and a stepped layout that follows the terrain. Recent interior updates give the lower units a clean, contemporary feel that appeals to today's renters.4552 -- One Bedroom Unit Located at the bottom of the steps on the left, offering a sense of privacy and separation from the other units. A comfortable one bedroom layout ideal for a single tenant or couple. Updated and remodeled with modern vinyl plank flooring, fresh paint, and new fixtures. New cabinets, sinks, and windows create a bright, efficient living space with improved energy performance. Easy access to the shared outdoor areas and parking.4554 -- Two Bedroom, One Bath Unit Positioned downstairs, making it convenient for tenants who prefer minimal stairs. A larger floorplan with two bedrooms and one bathroom, suitable for small families or roommates. Fully modernized with the same upgrades: vinyl flooring, new cabinetry, updated sinks and fixtures, and newer windows. The remodel gives the unit a clean, move in ready feel with durable materials ideal for long term rental use.4554 1/2 -- Upper Unit (Occupied) This is the upstairs unit, accessed separately from the lower units. Currently occupied--do not disturb the tenant. Elevated position likely provides better natural light and neighborhood views, a common perk of upper units in El Sereno. Its separation from the lower units adds privacy for the resident and reduces noise transfer. Rented for $850/mo with 3% increase due in MaySite & Neighborhood Context El Sereno is known for its hillside streets, mature trees, and mix of single family homes and small multi unit buildings.

Location

4552 Catalpa Street

Los Angeles, Los Angeles, CA, 90032