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Three-Unit Detached Cottages
For Sale
$1,849,000

3202 Minneapolis, Los Angeles, CA 90039

Three 1-bedroom, 1-bath detached cottages on a single property, each with individual gas and electricity meters.

Property Size1,600 SF
Price / SF$1,155
Days on Market34

Property Features for 3202 Minneapolis

General Information

Standard status Active
Size 1,600 SF
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Year Built 1952
Tenancy Multi
Listing Agency: The Agency
Listed By: Karine Aslanian · License #02091833
Source: Elliman
Added: Jul 4 Changed: Jul 20 Last Checked: Aug 6 at 8:43AM

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 The Agency

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes three detached, cottage-style residences, each configured with 1 bedroom and 1 bathroom. The overall building area is listed as 1,600 SF, and the homes are described as individually metered for gas and electricity, supporting separate utility responsibility for each unit.

The property is situated on a 5,404 SF lot and is located in Atwater Village. The area is described as having walkable streets and convenient access to Griffith Park, Los Angeles River bike paths, Glendale, Los Feliz, Silver Lake, and Downtown Los Angeles.

The asset’s detached cottage layout and individual metering are suited to tenants who value standalone living within a small, three-unit income property.

Key Highlights

  • Three detached 1‑bedroom, 1‑bath cottage residences on a single property.
  • 1,600 SF total building area on a 5,404 SF lot.
  • Each cottage is individually metered for gas and electricity.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Food Market Real Estate Agency (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,608
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value

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 1-bedroom, 1-bath detached cottages on a single property, each with individual gas and electricity meters.
Where is this triplex located?
The property is located at 3202 Minneapolis Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Three detached 1‑bedroom, 1‑bath cottage residences on a single property.; 1,600 SF total building area on a 5,404 SF lot.; Each cottage is individually metered for gas and electricity.
More about this property
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