For more information regarding the value of a property, please contact us for a free consultation.
701 Leonard Avenue Los Angeles, CA 90022
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-21394
Sold Date 05/02/25
Bedrooms 5
HOA Y/N No
Lot Size 7,479 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!
Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!
Location
State CA
County Los Angeles
Area Los Angeles (90022)
Zoning Public Rec
Interior
Cooling Wall/Window
Exterior
Roof Type Composition
Building
Lot Description Corner Lot, Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Space Rent $1,000
Financing Cash
Read Less

Bought with Equity Smart Real Estate Services