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Three-Unit Residential Triplex
For Sale
$959,000

5151 3rd Ave, Los Angeles, CA 90043

Three two-bedroom residences include an attached pair and a separate third unit.

Property SizeContact for details
Days on Market17

Property Features for 5151 3rd Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Listing Agency: Homeworks Realty
Listed By: Laura Uribe · License #01305465
Source: Exprealty
Added: Oct 1 Changed: Oct 16 Last Checked: Oct 16 at 2:20PM

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 Homeworks Realty

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Investment Insights

Based on property information with market context.

This Los Angeles triplex contains three residences, each with two bedrooms and one bathroom. Two units are attached at the front of the property, while the third stands separately, creating two distinct building configurations within the same three-unit asset.

The property is in central Los Angeles, with shopping, dining, schools, public transportation, and major thoroughfares identified as nearby access points.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • Two front residences are attached; the third unit is detached
  • Central Los Angeles location with access to shopping, dining, schools, public transportation, and major thoroughfares

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Bar & Pub Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,446
Businesses Nearby

Demographics for 90043, CA

46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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 two-bedroom residences include an attached pair and a separate third unit.
Where is this triplex located?
The property is located at 5151 3rd Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; Two front residences are attached; the third unit is detached; Central Los Angeles location with access to shopping, dining, schools, public transportation, and major thoroughfares
More about this property
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