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Renovated Triplex Income Property
For Sale
$1,099,000

1234 S Arizona Ave, Los Angeles, CA 90022

Extensively renovated three-unit triplex with two vacant units and covered garage parking for each unit.

Days on Market83

Property Features for 1234 S Arizona Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Investment
Occupancy 33%

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Built 1922
Tenancy Multi
Listing Agency: Luxury Collective
Listed By: Brandon Melgar · License #01331605
Source: Elliman
Added: May 10 Changed: Jul 20 Last Checked: Jul 30 at 11:13AM

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 income triplex includes three separate units. The spacious front unit offers five bedrooms and three bathrooms, with updated flooring, new windows, new kitchen cabinet work, renovated bathrooms, and fresh interior paint. The middle unit is a two-bedroom apartment and remains occupied. The back unit features a one-bedroom layout and has recently received fresh paint and updated windows and floors.

Each unit has its own covered garage space. The property is described as conveniently located near the 710 and 5 freeways, with easy access to restaurants, Citadel Outlets, colleges, and parks.

As presented, the front and back units are vacant and ready for new tenants, while the middle unit has a current tenant. Renovations include brand-new windows and floors, along with fresh paint inside the front and back units.

Key Highlights

  • 1922‑built, extensively renovated 3‑unit triplex with front (5BR/3BA), middle (2BR), and back (1BR) units
  • Two units are vacant and ready for new tenants (front and back units)
  • Middle unit is currently tenant‑occupied (2BR) with recent interior updates

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
33.3%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,886
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 triplex with two vacant units and covered garage parking for each unit.
Where is this triplex located?
The property is located at 1234 S Arizona Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 1922‑built, extensively renovated 3‑unit triplex with front (5BR/3BA), middle (2BR), and back (1BR) units; Two units are vacant and ready for new tenants (front and back units); Middle unit is currently tenant‑occupied (2BR) with recent interior updates
More about this property
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