List Price: $1.4M

Listing Status: Active

Days on Market: 5

5 Bedrooms · 3 Bathrooms · 1,922 sq ft

Property Type: ResidentialIncome

Year Built: 1954

Lot Size: 5,050 sq ft

Garage Spaces: 2

MLS Number: 26837975

About This Property

Fantastic opportunity to own a well-cared for garden Tri-Plex. Located is the very desirable Del Rey area. The front house has one bedroom, one bath and a one car garage attached. Nice, manicured yard in front. Updated with stainless steel appliances. granite counters and Hardwood floors. The back lower unit is a three-bedroom, one bath unit that was also upgraded with stainless steel appliances, skylight. Hardwood floors, electric mantled fireplace. Bathroom has spa tub with blind glass enclosure. Granite counter with floating sink, stone tile floor. Bedroom has custom built in closet. 2nd room has built-in bookcase for office. Ceiling fan. Small porch leads to back patio. There is also a basement entered from the porch that is perfect for storage or a place to play the drums. The common area has table and chairs for entertaining or morning coffee. Shade screen and self-watering lush garden. There are three storage sheds for each tenant. Laundry room with commercial washer and dryer. The upstairs unit is a one bedroom, one bath with wood floors, breakfast bar, updated kitchen with stainless steel appliances. Wall decorative gas fireplace that is also a heater. Living room has a built-in tv cabinet and storage. Light and bright like a sweet tree house. Another big plus is an office/studio that the owner used when in town. (not included in the square footage). It has a bath and small room for a futon. Not permitted. The back garage has been used for storage and has two metal rack included along with built-ins. Potential ADU see city requirements. The roof is about 8 years old and the building has been retrofitted as required for earthquake. Parking is front drive way which can fit two. The front unit has a one car garage and one can park behind as will. Upper unit parks on the street. The Tri-plex is in a very vibrant neighborhood with a perfect blend of lifestyle and convince. Walking distance to bike path, transportation, shops and restaurants. Minutes to Marina Del Rey, Playa Vista, Culver City and the beach. IMPORTANT TO NOTE THAT THE BUILDING WAS FULLY RENTED FROM 2020 and only recently has two of the units vacated for various reasons. Always solid strong tenants. Actual rent for front unit is $2495, four years ago getting $2750. The back unit was paying $2750 and the upper $1950 for six years. Proforma rent would be $3150 and $2150 and the office/studio would rent for $1900 month to month. The agent is actively looking for tenants and may do an Addendum addressing the possibility if they are required to move out for a new owner. DETAILED PHOTOS TO FOLLOW IN A FEW DAY