11565 Iowa Avenue 3, Los Angeles, California 90025, Los Angeles, 90025 - bed, bath
ACTIVE$1,850,000
11565 Iowa Avenue 3, Los Angeles, California 90025
0Bed
0Bath
2,192Sqft
2,784Lot
Year Built
1928
Close
-
List price
$1.85M
Original List price
$1.9M
Price/Sqft
$844
HOA
-
Days on market
-
Sold On
-
MLS number
SR25112943
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.85M(67th), sqft - 2192(50th), beds - undefined(50th), baths - undefined(50th).
Fantastic Investment opportunity and Rare Three Unit property in close proximity of Santa Monica,Wilshire district and Beverly Hills. This is a fully rented and perfect opportunity for a long term investment with. All units have been renovated inside and out with high quality & modern touches including laminate floors, Quartz countertops and marble vanities, recessed lightings, double paned windows and top of the line appliances, washer and dryer inside each unit makes this property very UNIQUE. The original duplex offers a two bedrooms and one bathrooms each and the recently Built ADU has Two bedroom and two bath. The free standing unit has cozy patio like front porch plus a BBQ area in the back.
Nearby schools
7/10
Nora Sterry Elementary School
Public,•K-5•0.2mi
5/10
Brockton Avenue Elementary School
Public,•K-5•0.6mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.2mi
8/10
Edison Elementary School
Public,•PK-5•1.5mi
8/10
McKinley Elementary School
Public,•PK-5•1.6mi
8/10
Grant Elementary School
Public,•PK-5•1.7mi
9/10
Overland Avenue Elementary School
Public,•K-5•1.8mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.8mi
9/10
Franklin Elementary School
Public,•PK-5•1.9mi
8/10
Mar Vista Elementary School
Public,•K-5•2.1mi
6/10
John Adams Middle School
Public,•6-8•2.3mi
8/10
Lincoln Middle School
Public,•6-8•2.4mi
6/10
University Senior High School
Public,•9-12•0.6mi
8/10
Santa Monica High School
Public,•9-12•2.9mi
6/10
Venice Senior High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
09/05/25
Price Change
$1,850,000
05/22/25
Listing
$1,900,000
01/29/21
Sold
$1,250,000
07/02/04
Sold
$450,000
Condition Rating
Excellent
Despite the original 1928 build year, the property has undergone extensive and high-quality modern renovations throughout all units, including a recently built ADU. The kitchens feature new light wood-look cabinetry, white quartz countertops, and professional-style stainless steel appliances. Bathrooms are updated with modern vanities, black fixtures, and contemporary tiling. Interiors boast new laminate flooring, recessed lighting, and double-paned windows. The electrical panel appears new, and each unit includes new, top-of-the-line stacked washer/dryer units. All visible components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Franklin Elementary School (9/10).
Income-Generating Triplex: This is a fully rented, three-unit residential income property, explicitly marketed as a fantastic long-term investment opportunity.
Prime West Los Angeles Location: Strategically located in close proximity to highly desirable areas such as Santa Monica, the Wilshire district, and Beverly Hills, enhancing tenant appeal and property value.
Extensive Modern Renovations: All units have been recently renovated inside and out with high-quality modern finishes, including laminate floors, Quartz countertops, marble vanities, recessed lighting, and double-paned windows, minimizing immediate capital expenditures for a new owner.
Built-in ADU: The property includes a recently built Additional Dwelling Unit (ADU) with two bedrooms and two baths, significantly increasing rental income potential and property flexibility.
Premium Unit Amenities: Each unit is equipped with top-of-the-line appliances and an in-unit washer and dryer, a highly sought-after feature that enhances tenant satisfaction and retention.
Cons
Age of Original Structure: Despite extensive renovations, the original duplex was built in 1928, which may imply potential for underlying infrastructure issues not addressed by cosmetic updates.
Limited Lot Size: With a lot size of 2784 sqft for a triplex, private outdoor space per unit is likely constrained, potentially limiting appeal for tenants seeking more expansive exterior areas.
Unspecified Parking: The property description does not explicitly mention dedicated parking for three units, which can be a significant challenge and drawback for tenants in a dense urban area like Los Angeles.