3741 Locke Avenue
Los Angeles, CA 90032
0.17 acres | #P1-22556
Description
Prime investment opportunity in one of the most desirable pockets in El Sereno, north of Huntington Dr. This legal detached duplex offers private yard spaces per unit and parking. The property also includes paid plans for expanding both units and converting the detached garage into an Accessory Dwelling Unit (ADU). Currently vacant, house hackers, savvy investors, or contractors can maximize returns in LA's high-demand rental market. Sitting on a fully usable 7,500 sq ft lot, the property is already positioned for major upside: concrete foundation work for the planned additions is complete, new plumbing has been installed, and a gas line is in place for the ADU. Whether you plan to live in one unit and rent out the other two or create a fully income-generating triplex, the groundwork is done. Market Rents Support a monthly gross of $10,100. Opportunities like this are rare--a chance to build equity fast, generate passive income, and design a modern rental or multi-generational compound in a fast-growing community. Neighboring Highland Park, South Pasadena, and Alhambra the property offers easy access to the 110 freeway, Keck Medicine, and Cal State LA. Invest, build, earn, and thrive in Northeast LA.
Property Details
- Property SubtypeResidentialIncome
- Lot DescriptionSprinklersNone
- SubdivisionNot Applicable
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$849,000
- MLS #P1-22556
- MLS #P1-22556
- Acres0.1722
- Cost849000
- Year Built1924
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Yonathan Canete Baltazar (#p21613)
Listing Office: The Agency (#PF11287)
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