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Vacant Three-Unit Triplex with ADU
For Sale
$2,495,000

1116 S Highland Ave, Los Angeles, CA 90019

Three independent residences support owner occupancy, leasing, or a combination of both.

Property Size4,122 SF
Days on Market14

Property Features for 1116 S Highland Ave

General Information

Standard status Active
Size 4,122 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 3

Amenities

pool
spa
Level 2 Tesla charger

Building Details

Building Size 4,122 SF
Year Built 1926
Buildings 2
Construction Spanish
Listing Agency: VIP Realty California, PC
Listed By: Pamela Keefe · License #02234936
Source: Milsteinestates
Added: Aug 28 Changed: Sep 10 Last Checked: Sep 9 at 9:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VIP Realty California, PC

Investment Insights

Based on property information with market context.

This 1926 triplex includes two residences in a two-story front structure and a detached, two-story ADU at the rear. Each home has its own entrance and address, and all three residences are vacant. The ADU is permitted with its own Certificate of Occupancy. Central air serves the two front units, while the ADU has a two-zone mini-split system. Both buildings were re-roofed in 2023 under permit, and the sewer lateral has a 30-year warranty.

The property includes a pool and spa, two on-site open parking spaces, and a Level 2 Tesla charger. Additional improvements include insulated attic and crawl spaces, Lutron smart lighting, keyless exterior entry, Ring camera coverage, and Pentair pool and spa controls. Located at 1116 S Highland Ave in Los Angeles, the property sits on a quiet block with unrestricted street parking and no southbound through traffic.

Key Highlights

  • Three vacant residences with separate entrances, addresses, and private access
  • Detached two‑story ADU permitted with its own Certificate of Occupancy
  • Two‑story front building plus rear ADU on one lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Restaurant Nursing Home Mobile Phone Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,078
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three independent residences support owner occupancy, leasing, or a combination of both.
Where is this triplex located?
The property is located at 1116 S Highland Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Three vacant residences with separate entrances, addresses, and private access; Detached two‑story ADU permitted with its own Certificate of Occupancy; Two‑story front building plus rear ADU on one lot
More about this property
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