3721 Exposition Boulevard, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 3 bath
ACTIVE$900,000
3721 Exposition Boulevard, Los Angeles, California 90016
4Beds
3Baths
2,106Sqft
5,623Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: A rare triplex offering in Los Angeles, ideal for investors seeking a multi-unit income property with three distinct units.
Top Cons:
As-Is Sale Condition: The property is being sold in 'as-is' condition, which may imply the need for future repairs or upgrades and shifts risk to the buyer.
Compared to the nearby listings
Price:$900.0K vs avg $900.0K (+$0)50%
Size:2,106 sqft vs avg 2,106 sqft50%
Price/sqft:$427 vs avg $42750%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is being sold 'as is' and crucially, no interior images are provided, especially for the kitchens and bathrooms. While the exterior appears maintained and a new roof was installed recently, the complete absence of interior photos strongly suggests that the living spaces, particularly the kitchens and bathrooms, are significantly outdated and likely require substantial repairs and rehabilitation to meet current standards. The 'well kept' description likely refers to the exterior and structural integrity, not modern interior finishes or systems.
Year Built
1947
Close
-
List price
$900K
Original List price
$925K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
CV25029419
Home ConditionPoor
Features
View-
About this home
*****BRAND NEW LOWER PRICE*************!!! ***NEW ROOF, LESS THAN 12 M0NTHS OLD*** Located in the historic Jefferson Park area of Los Angeles, this is a rare chance to purchase a well kept 3 unit investors dream. Originally constructed in 1947, this one story property features 3 units totaling 2115 square feet on a 5100 square foot lot size. This property will be sold in "as is" condition and out of respect for the occupants we kindly ask that you do not disturb them nor walk on property. Unit #1--1 bedrm and 1 bath 637 square feet. Unit#2-- 1 bedrm and 1 bath 624 square feet. Unit #3 has 2 bedrms and 1 bath 854 square feet.
Nearby schools
5/10
Virginia Road Elementary School
Public,•K-5•0.4mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.8mi
5/10
Cienega Elementary School
Public,•K-5•1.1mi
4/10
Alta Loma Elementary School
Public,•K-5•1.3mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.4mi
6/10
Baldwin Hills Elementary School
Public,•K-5•1.6mi
6/10
Marvin Elementary School
Public,•K-5•1.7mi
2/10
Audubon Middle School
Public,•6-8•1.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.5mi
3/10
Daniel Webster Middle School
Public,•6-8•5.7mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.5mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
11/25/97
Sold
$175,000
07/24/15
Sold
$500,000
Condition Rating
Poor
Built in 1947, this property is being sold 'as is' and crucially, no interior images are provided, especially for the kitchens and bathrooms. While the exterior appears maintained and a new roof was installed recently, the complete absence of interior photos strongly suggests that the living spaces, particularly the kitchens and bathrooms, are significantly outdated and likely require substantial repairs and rehabilitation to meet current standards. The 'well kept' description likely refers to the exterior and structural integrity, not modern interior finishes or systems.
Pros & Cons
Pros
Income-Generating Asset: A rare triplex offering in Los Angeles, ideal for investors seeking a multi-unit income property with three distinct units.
Recent Capital Improvement: Features a new roof installed less than 12 months ago, significantly reducing immediate maintenance concerns and adding long-term value.
Desirable Location: Situated in the historic Jefferson Park area of Los Angeles, offering potential for appreciation and a vibrant community setting.
Price Adjustment: Recently reduced in price, presenting a more attractive entry point for potential buyers and indicating seller motivation.
Well-Maintained Structure: Described as a 'well kept' property, suggesting a history of good maintenance despite its 1947 construction.
Cons
As-Is Sale Condition: The property is being sold in 'as-is' condition, which may imply the need for future repairs or upgrades and shifts risk to the buyer.
Restricted Access for Showings: Occupied units and a strict 'do not disturb occupants' policy severely limit buyer access for showings, inspections, and appraisals.
Property Age: Built in 1947, the property's age suggests that while the roof is new, other major systems (plumbing, electrical, HVAC) may be original or require updates.