1715 E 70th, Los Angeles, California 90001, Los Angeles, 90001 - 5 bed, 3 bath

ACTIVE$995,000
1715 E 70th, Los Angeles, California 90001
5Beds
3Baths
2,103Sqft
6,660Lot
Year Built
1910
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$473
HOA
-
Days on market
-
Sold On
-
MLS number
CV25239536
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $995.0K(93th), sqft - 2103(86th), beds - 5(79th), baths - 3(71th).
Excellent opportunity to own this great triplex!! Property features 3 units, 1. 2 bed 1 bath, 2. 2 bed 2 bath and 3.1 bed 1 bath. Units have been updated. Live in one and rent the other 2 units. Garage can be converted into an ADU for additional income.
Price History
Date
Event
Price
10/14/25
Listing
$995,000
Condition Rating
Fair
The property was built in 1910, making it very old. While the description states 'units have been updated,' the images reveal these updates are basic and not recent high-end renovations. The kitchen features dated light fixtures, basic white cabinets, standard appliances (though the refrigerator appears newer), and ceramic tile flooring. The exterior and common areas, such as the metal stairs and general yard condition, show significant age and wear. The property is functional and livable, but its age is apparent, and the updates are not modern or extensive enough to warrant a 'Good' score. It fits the 'Fair' category, indicating it's aged but maintained, with functional but outdated components and requiring minor updates for improved aesthetics or value.
Pros & Cons
Pros
Multi-Unit Income Potential: As a triplex, the property offers diversified rental income streams, making it an attractive investment for generating consistent cash flow.
ADU Conversion Opportunity: The existing garage can be converted into an Accessory Dwelling Unit (ADU), providing a significant opportunity to increase rental income and overall property value.
Updated Units: The description states that the units have been updated, which can reduce immediate renovation costs and attract tenants more easily.
Owner-Occupancy Flexibility: The property allows for an owner to live in one unit while renting out the other two, offering a unique blend of homeownership and investment income.
Prime Los Angeles Market: Located in Los Angeles, the property benefits from a strong rental demand, potential for appreciation, and access to a large tenant pool.
Cons
Advanced Age of Structure: Built in 1910, the property's age suggests potential for underlying structural, plumbing, or electrical issues that may require significant capital expenditure beyond cosmetic updates.
Vague Extent of Updates: The description mentions 'updated units' without specifying the scope or quality of renovations, which could imply superficial improvements rather than comprehensive system overhauls.
Potential for High Operating Costs: Older multi-unit properties often incur higher maintenance, insurance, and utility costs compared to newer constructions, impacting net operating income.











