Description

Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Unit #1 has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA.

 

Location

Highland Park has something for everyone and this location gives you access to it all! Nestled in the heart of Highland Park only a few blocks from Figueroa, this property is surrounded by a wide array of local amenities! Home values have risen 7.8% in the last year, and the average home value in Highland Park is $1,138,000. There are several new up & coming restaurants, shops, cafes, and more. Bars: La Cuevita, Gold Line, Lodge Room, The Greyhound, Good Housekeeping HLP. Restaurants: Hippo, Jeff’s Table, Living Color Juice, Folliero’s Italian, Highly Likely, Checker Hall, Mendocino Farms, HomeState, Triple Beam Pizza. Cafes: Go Get Em Tiger, Kitchen Mouse Cafe, Civil Coffee, Kindness & Mischief, La Monarca Bakery & Cafe. Dessert: The Kind Dessert, Jeni’s Ice Cream, After’s Ice Cream, Baskin Robbins. Stores: Wasteland, Avalon Vintage, Sunbeam Vintage, Gimmie Gimmie Records, Kindred. Entertainment: Chicken Boy, Highland Park Bowl.