1613 Exposition Boulevard,Los Angeles, CA 90018
Los Angeles, CA 90018
Description
RICE IMPROVEMENT! Exceptional trophy investment opportunity in one of Los Angeles' most sought-after rental corridors. This extensively upgraded triplex offers strong in-place income, pride of ownership, and substantial value-add potential through planned unit expansion and the opportunity to add ADUs (buyer to verify).Positioned directly across from the Metro E Line, tenants enjoy immediate access to Downtown Los Angeles, Santa Monica, and major employment centers, creating a highly desirable transit-oriented living experience. Located just blocks from USC, the property is ideally suited for student housing and maximizing rental income potential. The property features three clean, well-maintained units, significant recent capital improvements, and multiple avenues for future revenue growth. Situated within walking distance of Exposition Park, the Natural History Museum, California Science Center, Los Angeles Memorial Coliseum, BMO Stadium, the Rose Garden, IMAX Theater, and numerous dining and entertainment destinations, the location offers an exceptional lifestyle and rental appeal. With a Walk Score of 74 and Bike Score of 82, this vibrant and rapidly growing neighborhood continues to attract students, young professionals, and long-term residents alike. Rarely does an asset combine turnkey condition, premier location, transit accessibility, and meaningful development upside in such a compelling package. A true legacy investment delivering immediate cash flow today with significant long-term appreciation and income growth potential. Contact listing agent for additional information.
Details
| MLS # | 26851221 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 80 |
| Listing Provided By | Coldwell Banker Realty | Payam Shamouil |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,024 |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.14 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Dishwasher |
Exterior
| Security Features | Gated Community |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90018) | |
Price: $1,325,000 low | high Med: $849,900 sqft: 3,024 low | high Med: 824 $ / sqft: $438 low | high Med: $1,031 On site: 80 low | high Med: 77 | |
Market Activity 90018
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | PHHT Park Hills Heights |
| Listing VS Median (in 90018) | |
Price: $1,325,000 low | high Med: $849,900 sqft: 3,024 low | high Med: 824 $ / sqft: $438 low | high Med: $1,031 On site: 80 low | high Med: 77 | |
