4245 Normal Ave, Los Angeles, CA 90029

Property Description

Fantastic well-maintained bread and butter triplex in red hot Virgil Village/East Hollywood neighborhood. One unit delivered vacant and freshly painted to move right into or take advantage of top rents; other two units occupied by solid tenants at/near market rates - you don't have to wait for "upside" on this one. Excellent rental history with very low turnover and high occupancy. Side by side duplex in front: 1st unit with two bedrooms, one bath; 2nd (available unit) with two bedrooms, TWO bathrooms. Standalone rear house with two bedrooms, TWO bathrooms. All units have been renovated with updated kitchens and bathrooms, in-unit laundry. Separate, detached three car garage provides each unit with TWO dedicated parking spaces - six off-street spaces total. Each unit has own private, fenced outside yard space, with mature fruit trees. Recently updated features include newly painted exterior, newer garage doors, newer roofs, fresh landscaping. Easily walkable to LA City College, Red Line station, Sunset Junction in Silver Lake, all the new restaurants and shops on Virgil, and more. Take advantage of "Opportunity Zone" and "Transit Oriented Communities" incentives and benefits. Great location in a rapidly appreciating neighborhood with great rents, tenants, parking, yards, etc. This is a super desirable, easily managed, small multi-family residential income property, for investors, landlords and tenants alike, which will provide for years to come - you don't want to miss out!