Search
Residential Income Triplex For Sale
For Sale
$795,000

1273 South Alma Avenue, Los Angeles, CA 90023

Fully leased triplex with potential studio conversion for sale.

Property Size1,518 SF
Price / SF$523.72
Days on Market346

Property Features for 1273 South Alma Avenue

General Information

Standard status Active
Size 1,518 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning LCMI
Net Operating Income $18,000

Building Details

Year Built 1928
Buildings 3
Units 3
Listing Agency: RE/MAX CHAMPIONS
Listed By: Rosalba Farias · License #00987798
Source: Compass
Added: Sep 12, 2025 Changed: Aug 23 Last Checked: Aug 22 at 6:19PM

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 RE/MAX CHAMPIONS

Investment Insights

Based on property information with market context.

This residential income property, located at 1273 S Alma, Los Angeles, CA 90023, features a triplex with an additional potential studio. The property includes three units on a single lot, plus a garage potentially converted into a studio with its own bathroom. The front unit is a duplex with one bedroom and one bathroom. The rear house has two bedrooms, one bath, plus a bonus room used as a third bedroom. The property is fully leased and will be delivered with tenants in possession. The total income is $5,200, including $4,600 plus an additional $600. The property is being sold as-is in its present condition and is in fair condition.

Key Highlights

  • Fully leased property generating $5,200 monthly income.
  • Triplex property with potential for additional income from converted garage studio.
  • Three units on one lot.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,233
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased triplex with potential studio conversion for sale.
Where is this triplex located?
The property is located at 1273 South Alma Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully leased property generating $5,200 monthly income.; Triplex property with potential for additional income from converted garage studio.; Three units on one lot.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message