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4368 Esmeralda Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

4368 Esmeralda Street, Los Angeles, California 90032 home-pic-0
ACTIVE$874,999
4368 Esmeralda Street, Los Angeles, California 90032
0Bed
0Bath
2,425Sqft
2,973Lot
Year Built
1909
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$361
HOA
-
Days on market
-
Sold On
-
MLS number
DW25144692
Home ConditionFair
Features
Good View: None
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(50th), sqft - 2425(83th), beds - undefined(50th), baths - undefined(50th).

Calling all investors & DIYers. MAKE AN APPOINTMENT TODAY TO VIEW ALL THREE UNITS. Nestled on the hillside of Rose Hills, this spectacular triplex consists of (2) three-bedroom one-bath units and (1) two-bedroom one-bath units. Each unit has its own separate address, water/electric/gas meters & water heaters making it more cost-effective for the owner. There is very little ground maintenance and no landscaping upkeep. The excellent location and proximity to the Los Angeles Civic Center, USC School of Medicine & County USC Medical Center as you go South on Huntington Drive. Going North on Huntington Drive takes you to Alhambra and South Pasadena in minutes. Also, it is close to Rose Hills Park, a family-friendly park that features Barbecue Pits, a lighted baseball Diamond, a children's play Area, and picnic tables. It is a must-see!

Price History

Date
Event
Price
07/13/07
Sold
$587,000
04/09/03
Sold
$183,500
Condition Rating
Fair
The property was built in 1909 and appears to have had some updates, but the kitchens and bathrooms show their age. The exterior stairs and overall appearance suggest deferred maintenance. While functional, it requires updates to meet modern standards.
Pros & Cons

Pros

Income Potential: Triplex with three separate units offers significant income potential for investors.
Separate Utilities: Each unit has separate water, electric, and gas meters, simplifying management and tenant billing.
Excellent Location: Close proximity to Los Angeles Civic Center, USC School of Medicine, and County USC Medical Center provides convenient access to major employment and educational hubs.
Transportation Access: Easy access to Alhambra and South Pasadena via Huntington Drive enhances commute options.
Minimal Maintenance: Very little ground maintenance and no landscaping upkeep reduces ongoing expenses.

Cons

DIY/Renovation Required: Property is marketed towards DIYers and investors, suggesting that significant renovation or repairs may be needed.
Age of Property: Built in 1909, the property may have outdated systems and require upgrades to meet modern standards.
Hillside Location: Located on a hillside, which may present challenges related to accessibility, foundation stability, or potential for landslides.

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