Three-Unit Residential Income
For Sale
$615,000
321 W Avenue 37, Los Angeles, CA 90065
Three separate homes on one parcel sold in as-is condition, with two occupied and one vacant needing major repairs.
Property Size2,814 SF
Days on Market52
Property Features for 321 W Avenue 37
General Information
Standard status
Active
Size
2,814 SF
Property subtype
MULTI_FAMILY
Additional Details
Multifamily Units
3
Building Details
Building Size
2,814 SF
Year Built
1902
Listing Agency:
Home Free Realty
(909) 392-1350
Listed By:
Michael Cirrito
Source:
Milsteinestates
Added: Jun 23
Changed: Aug 11
Last Checked: Aug 12 at 2:25PM
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 Home Free Realty
Investment Insights
Based on property information with market context.
This offering features three separate homes on a single parcel, sold in its current “As Is” condition. Two of the homes are occupied with very low rents, and the rear left home is vacant and described as being in very poor condition, including framing and foundation issues.
All units are reported to require significant repairs. The property is listed as being part of the Los Angeles Housing Department REAP Program, and the buyer is expected to accept the current residents with current rental rates.
The seller requests that prospective buyers do not walk the property, and further instructions are noted in the comments. Please review the remarks and any additional guidance provided for access and next steps before proceeding.
All units are reported to require significant repairs. The property is listed as being part of the Los Angeles Housing Department REAP Program, and the buyer is expected to accept the current residents with current rental rates.
The seller requests that prospective buyers do not walk the property, and further instructions are noted in the comments. Please review the remarks and any additional guidance provided for access and next steps before proceeding.
Key Highlights
- 3 separate homes on one parcel, sold in its current "as‑is" condition
- Two homes are currently occupied; buyer is to accept current residents with current rental rates
- Rear left home is vacant and reported to be in very poor condition with framing and foundation issues
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 90065, CA
44,328
Population
17,197
Households
2.6
Avg Household Size
39
Median Age
40%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
8,060
Density / Sq Mi
$92,903
Median Household Income
$45,850
Median Earnings
$1,774
Median Rent
$1,043,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate homes on one parcel sold in as-is condition, with two occupied and one vacant needing major repairs.
Where is this triplex located?
The property is located at 321 W Avenue 37 Los Angeles, CA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 3 separate homes on one parcel, sold in its current "as‑is" condition; Two homes are currently occupied; buyer is to accept current residents with current rental rates; Rear left home is vacant and reported to be in very poor condition with framing and foundation issues
