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Triplex with Detached Garage

3977 Halldale, Los Angeles, CA 90062

For Sale
New
$769,000

Los Angeles, CA

Property Size1,895 SF
Lot Size0.15 Acres
Price / SF$405.80
Days on Market1

Property Features for 3977 Halldale

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking 8
Parking features Garage, Driveway
Lot features Back Yard, Yard
Directions From the 110 Freeway, exit Martin Luther King Jr. Boulevard and head west. Turn left onto Halldale Avenue and continue south to 3977 Halldale Avenue, Los Angeles, CA 90062. Please use GPS for the most accurate directions.
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 5036030022
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 3
Listing Agency: Alexander Lux Properties Inc.
Listed By: Amir Shain · License CA #01873224
Added: Nov 10 Last Checked: Nov 10 at 8:06PM
MLS# SB26196520

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Los Angeles triplex contains three one-bedroom, one-bathroom units totaling 1,895 square feet. The property occupies a 6,608-square-foot lot and includes a detached garage with four vehicle spaces, along with driveway parking. Long-term tenants are in place, with scheduled annual rent adjustments. The property is offered as-is.

USC, the Coliseum, BMO Stadium, and the Museum District are identified as nearby institutions and destinations; Metro access is also noted. The garage and rear portion of the lot may offer ADU potential, subject to buyer verification with LADBS and City Planning.

Key Highlights

  • Three 1‑bedroom/1‑bath units totaling 1,895 sq ft
  • 6,608 sq ft lot
  • Detached four‑car garage with two single bays and one double bay

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,094
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,880 $661.9K
Cap Rate 7%
$472,771 $472.8K
Cap Rate 9%
$367,711 $367.7K
Market Conditions
NOI Build-Up for 1,895 SF
Gross rent
$51.2K $27.00/SF
− Vacancy
−$3.9K −$2.05/SF
EGI
$47.3K $24.95/SF
− OpEx
−$14.2K −$7.48/SF
NOI
$33.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,880
Cap Rate 7%
$472,771
Cap Rate 9%
$367,711

Alternative Uses

Best Use
Multifamily LT 5
$472.8K
$413.7K – $551.6K (±1% cap)
NOI $33,094 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$435.6K
$381.2K – $508.2K (±1% cap)
NOI $30,492 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$791.2K
$692.3K – $923.1K (±1% cap)
NOI $55,383 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

954
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three one-bedroom residences, existing tenants, and on-site parking create an established residential income property.
Where is this triplex located?
The property is located at 3977 Halldale Los Angeles, CA.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: Three 1‑bedroom/1‑bath units totaling 1,895 sq ft; 6,608 sq ft lot; Detached four‑car garage with two single bays and one double bay
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