Income-Producing Triplex + Legal ADU — Prime Central LA Location!
Rare investment opportunity: a well-maintained triplex plus a legal ADU, currently delivering strong rental income and positive cash flow from day one. One unit is vacant (2 bed / 1 bath) — perfect for owner-occupancy or immediate lease-up. All units feature practical layouts that appeal to a wide tenant pool.
Property Highlights:
- 3 separate rental units + legal ADU
- One vacant 2BR/1BA unit (ready to occupy or rent)
- Secure, long gated driveway with private off-street parking
- Positive cash flow in place
- Value-add upside through renovations, rent optimization or repositioning
Location Benefits:
- Minutes to USC, LAFC stadium, Crypto.com Arena, DTLA, major freeways and transit
- Close to shopping, dining and employment hubs — consistently high rental demand
Ideal for investors or owner-users seeking a versatile, income-producing asset with immediate returns and long-term appreciation potential. Schedule a showing today!
Listed by Linda Ojeda with Luxury Collective (424) 395-4841
Quick Facts
Property Type
Triplex
Status
Active
MLS Number
OC26039916
Year Built
1926
Lot Size
6,665 sq ft
Property Type
Triplex
Status
Active
MLS Number
OC26039916
Year Built
1926
Lot Size
6,665 sq ft
Property Highlights
Details
1174 W 38th, Los Angeles, California 90037 - $1,200,000 | Allan Real Estate Investments