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Renovated Three-Unit Income Property
For Sale
$999,000
Pending

1236 1234 S Arizona Ave, Los Angeles, CA 90022

Extensively renovated three-unit property with updated interiors and covered parking for multiple tenants.

Days on Market58

Property Features for 1236 1234 S Arizona Ave

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Built 1922
Tenancy Multi
Listing Agency: Luxury Collective
Listed By: Jenny Segovia · License #01331605
Source: Elliman
Added: Jun 4 Changed: Jul 10 Last Checked: Jul 30 at 9:37AM

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 Luxury Collective

Investment Insights

Based on property information with market context.

This extensively renovated three-unit income property includes a spacious front unit with five bedrooms and three bathrooms, plus a middle two-bedroom unit and a back one-bedroom unit. Updates across the property include new flooring, fresh interior paint, and brand-new windows, with the front unit also featuring new kitchen cabinet finishes. The front and back units are vacant and ready for new tenants, while the middle unit is currently occupied. Each unit has decimated covered garage space, providing dedicated parking for residents.

The property is located near the 710 and 5 freeways and is described as approximately 35 minutes from DTLA. The surrounding area includes access to restaurants, Citadel Outlets, colleges, and parks. WalkScore is listed at 90 (very walkable) and transitScore at 59 (good transit), with BikeScore of 61 (bikeable).

For buyers and investors, this configuration offers a mix of unit sizes—five-bedroom, two-bedroom, and one-bedroom—with both turn-ready and occupied tenancy status. The covered garage spaces and recent window, flooring, and paint upgrades support immediate livability for incoming residents, while the current tenant in the middle unit provides ongoing income continuity.

Key Highlights

  • Three‑unit income property built in 1922, extensively renovated
  • Front unit: 5 bedrooms and 3 baths with updated flooring, new windows, new kitchen cabinets, new/updated bathrooms, and fresh paint
  • Middle unit: 2 bedrooms with a current tenant; recent renovations include brand‑new windows and floors plus fresh paint inside

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Skin Care Clinic Accounting Firm

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,860
Businesses Nearby

Demographics for 90022, CA

64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Extensively renovated three-unit property with updated interiors and covered parking for multiple tenants.
Where is this triplex located?
The property is located at 1236 1234 S Arizona Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three‑unit income property built in 1922, extensively renovated; Front unit: 5 bedrooms and 3 baths with updated flooring, new windows, new kitchen cabinets, new/updated bathrooms, and fresh paint; Middle unit: 2 bedrooms with a current tenant; recent renovations include brand‑new windows and floors plus fresh paint inside
More about this property
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