SoldAug 21, 2025

Listed by Charlie Coronado from Compass

Listed and Bought with Dana Coronado from Compass

Source: Combined LA Westside Multiple Listing Service, Inc #25499913

140 S Avenue 58, Los Angeles, CA, 90042

$975,000

10
5
5
3384 sq. ft.
6923 sq. ft.

Other

30+ days on the market

Sold: Aug 21, 2025

What's around 140 S Avenue 58

About this property

Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Less than a block from Figueroa & all the hotspots that make Highland Park one of the most vibey neighborhoods in Northeast LA. Final unit mix after remodel and ADU construction could be: a 3Br+2Ba 1,086 SF unit, a 3Br+2Ba 1,152 SF unit, a 1Br+1Ba 612 SF unit, and a rear detached two story ADU 3Br+3Ba and 1,180 SF. Potential future income is appx $14,000 per month! WOW! The 1Br+1Ba has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) RTI Permits means Ready To Issue - after escrow is closed the Buyer just pays the permit fees and begins construction immediately! A huge value! This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Full marketing package available upon request.

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