CA > Los Angeles
Los Angeles, CA 90032,3741 Locke AVE
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Los Angeles, CA 90032,3741 Locke AVE
Los Angeles, CA 90032,3741 Locke AVE
Los Angeles, CA 90032,3741 Locke AVE
Los Angeles, CA 90032,3741 Locke AVE
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Levon Arzumanyan

Levon Arzumanyan

+1(213) 414-8088
$ 849,000
Est. payment /mo
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3741 Locke AVE Los Angeles, CA 90032

7,501 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22556

Construction Status Fixer,Under Construction

HOA Y/N No

Year Built 1924

Lot Size 7,501 Sqft

Property 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.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway

Fence Chain Link

Pool None

Community Features Park, Urban

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Sprinklers None

Story Two

Entry Level Two

Level or Stories Two

Construction Status Fixer,Under Construction

Others

Senior Community No

Tax ID 5306011046

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Yonathan Canete Baltazar • The Agency
agent

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

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3741 Locke AVE