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For Sale

$1,300,000

2,124 sqft$612/sqft135 days on market

5218 San Vicente Boulevard

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

3

Beds

3

Baths

2,124

Square feet

1942

Built

Listing narrative

Description

5218 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for SaleMiracle Mile Adjacent Investment or Owner-Occupant Opportunity. Discover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods. The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. Two (2) units will be delivered vacant at close of escrow, making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The remaining unit is currently rented at $1,100/month for immediate cash flow and may also be delivered vacant. Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for vacant units, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives. Conveniently located near shopping, dining, entertainment, major employment centers, and transportation corridors. Don't miss this rare chance to own a turnkey income-producing triplex in Mid-City Los Angeles! Please do not disturb tenants or walk the property without an appointment.

Listing agent (MLS): Thomas Chorley · Listing brokerage (MLS): Redfin

Property Details

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Price

$1,300,000

Beds

3 bd

Type

House

Home Size

2,124 sqft

Baths

3

Lot Size

0.15 acres

Year

1942

Status

For Sale

Days on Market

135

$ / Sqft

$612

· 8% down, 7% APR, 30yr fixed
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Courtesy of Redfin