Off Market Corner Lot Triplex In Prime Location; Add-Value Opportunity for Upside
In a highly desirable neighborhood, this partially updated, off-market triplex offers a value-add opportunity for high rentals or Air BnB.
In prestigious Playa Del Rey, a 4 BR + 3 BA, freestanding single family residence sits on a corner lot with 2 rentable units in the back. The front home is approximately 75% renovated and is currently vacant for developer to finish the job. Perfect for an owner occupier, this home is spacious, has living room and master suite fireplaces and a master suite balcony.
The vacant back studio needs total interior renovation. The 2+1 unit has not yet been renovated but is currently being rented. All units have separate yard area. Recent upgrades include aluminum siding, new copper plumbing and roof.
This lovely residential neighborhood is minutes from shops, restaurants, LAX, the Ballona Creek bike path and beautiful beaches. With very low rental and sales inventory in the area, this finished property will surely attract high rents or Air BnB income.
*Buyer to do due diligence on square footage