Downtown L.A. (C42) Homes with Triplex Subtype

Downtown L.A. (C42) Homes with Triplex Subtype

Welcome to the vibrant heart of Downtown Los Angeles (C42), where urban sophistication meets eclectic charm! Nestled in the bustling city of Los Angeles, this dynamic region is known for its iconic skyline, cultural landmarks, and a rich tapestry of history that weaves through every street. From the historic theaters of Broadway to the trendy boutiques and art galleries of the Arts District, Downtown L.A. is a hub of creativity and innovation.

For those seeking a unique investment opportunity or a multi-generational living arrangement, triplex homes in Downtown L.A. offer a perfect blend of versatility and urban living. These properties typically feature three separate units, making them ideal for homeowners looking to live in one unit while renting out the others. Imagine the convenience of having your own space while generating rental income in one of the most sought-after neighborhoods in California!

Triplex homes in this vibrant area often boast modern amenities and stylish designs, catering to a diverse range of lifestyles. With the convenience of nearby public transportation, trendy restaurants, and lively nightlife, residents can fully immerse themselves in the energetic atmosphere that defines Downtown L.A.

Whether you’re an investor looking to capitalize on the booming rental market or a homeowner eager to embrace the urban lifestyle, triplex properties in Downtown Los Angeles present an unparalleled opportunity. Come explore the potential of living in this iconic city and discover how a triplex can elevate your real estate journey!

Newest Downtown L.A. (C42) Homes with Triplex Subtype

$599,999
TR26153841 MLS ⋅ Active Status
Welcome to 1242 E. 43rd Place, Los Angeles—an outstanding investment opportunity with excellent income potential. This property is legally a duplex (2-unit property) and is currently configured as three separate rental units. All three units are registered with the Los Angeles Housing Department, offering added value for investors seeking a cash-flowing asset. The property is fully tenant-occupied, providing immediate rental income from day one. While it could benefit from some TLC and cosmetic updates, it presents a fantastic value-add opportunity to increase equity and maximize long-term returns. Ideally located in South Los Angeles, this property offers convenient access to Downtown Los Angeles (DTLA), USC, BMO Stadium, Exposition Park, The Coliseum, Crypto.com Arena, major freeways including the 110, 10, 105, and 710, public transportation, Metro lines, shopping, restaurants, schools, parks, and employment centers. The central location continues to attract strong rental demand, making this an ideal addition to any investment portfolio. Whether you’re a seasoned investor or looking to expand your real estate holdings, 1242 E. 43rd Place offers exceptional upside in one of Los Angeles’ most active rental markets. Buyers are encouraged to verify all permits, unit configuration, registration status, and property details with the appropriate governmental agencies.

1242 E 43rd, Los Angeles
$849,995
SB26146543 MLS ⋅ Active Status
Don't miss this rare opportunity to acquire a well-maintained, income-producing triplex in the heart of Los Angeles. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and USC, this property offers investors a compelling combination of stable rental income, future appreciation, and value-add potential. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence has been meticulously cared for, providing a solid foundation for long-term ownership. Situated on a generously sized lot with ample off-street parking, the property may offer the opportunity to add an additional unit at the rear of the lot (buyer to verify with the City of Los Angeles), creating even greater income potential. Tenants are responsible for their own gas and electricity, helping to minimize operating expenses and maximize cash flow. Properties of this caliber, in this location, and with this level of upside rarely come to market. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an opportunity you won't want to miss.

725 E 40th Place, Los Angeles
$750,000
OC26134999 MLS ⋅ Active Status
Exceptional value-add investment opportunity in the heart of Los Angeles. This triplex features three units across two separate structures on a generous 7,500-square-foot lot, offering investors immediate cash flow with significant upside potential through rental repositioning and property improvements. Located in a highly walkable neighborhood where necessities are just steps away, the property benefits from convenient access to local markets, restaurants, schools, public transportation, and major employment centers. Residents enjoy proximity to neighborhood favorites including 27th Street Bakery, Tam's Burgers, and numerous local eateries, along with nearby grocery options, and convenience markets. The property also offers easy access to Downtown Los Angeles, USC, Exposition Park, BMO Stadium, Crypto Arena, and major freeway corridors. Additional features include gated outdoor space, driveway parking, and strong rental demand driven by the property's central location. Whether you're seeking stable income, value-add potential, or long term appreciation in one of Los Angeles' most supply constrained housing markets, 927 E. 28th Street presents a rare opportunity to acquire a well located multifamily asset with substantial upside.

927 E 28th St, Los Angeles
$825,000
SB26131861 MLS ⋅ Active Status
Excellent opportunity to own a well-located 3-unit income property in the heart of Los Angeles. Conveniently situated just minutes from USC, the Fashion District, Crypto.com Arena, and Downtown Los Angeles, with easy access to the 110 and 10 Freeways. This property offers strong investment potential in a high-demand rental market. Whether you're looking to expand your portfolio or acquire your first multi-family investment, this is an opportunity you won't want to miss. Seller is highly motivated and will consider all offers.

925 E 32nd Street, Los Angeles
$1,300,000
CV26097651 MLS ⋅ Active Status
PROPERTY BACK ON THE MARKET FOR THE FIRST TIME IN OVER 20 YEARS! THIS IS A WELL-MAINTAINED TWO-STORY TRIPLEX THAT HAS ONE 3BED /2BATH UNIT ON THE SECOND FLOOR AND TWO 2BED/1BATH UNITS ON THE FIRST FLOOR. ALL THREE UNITS HAVE RECENTLY UPDATED KITCHENS, RECENTLY UPDATED PLUMBING THROUGHOUT (INCLUDING NEW WATER HEATERS FOR ALL UNITS) AND A ROOF THAT WAS ALSO RECENTLY REPLACED. PROPERTY ALSO HAS A 6-CAR PARKING LOT IN THE BACK AREA ACCESSIBLE BY A GATED ENTRYWAY IN THE FRONT OF THE PROPERTY. THERE IS ALSO A COVERED AREA WITH WASHER/DRYER HOOKUP. IT IS TWO BLOCKS FROM THE COLISEUM AND BMO STADIUM; IT IS ALSO IN CLOSE PROXIMITY TO THE 110 FWY AND USC. THIS IS A GREAT OPPORTUNITY FOR A POTENTIAL INVESTOR LOOKING TO EXPAND THEIR INCOME-PRODUCING PORTFOLIO!

705 W 41ST Drive, Los Angeles
$1,650,000
CV26097517 MLS ⋅ Active Status
Multi-family property comprised of 11 units ideally located in in the heart of Los Angeles’ thriving Westlake neighborhood, just minutes from Downtown LA. Situated on a prominent corner at Linwood Avenue and Witmer Street, this property benefits from strong visibility and dual street frontage. As rental rates in surrounding areas continue to climb, Westlake has emerged as a natural overflow market, attracting tenants seeking proximity to employment centers, transit, and lifestyle amenities at a more attainable price point. This market trend supports consistent occupancy, minimal vacancy downtime, and the ability to capture rent increases upon tenant turnover, resulting in reliable collections and income stability. The property features a two-building configuration totaling 11 units, offering both stable in-place income and operational flexibility. The main structure is a two-story, 3,520 square foot apartment building comprised of 10 units (8 studios and 2 one-bedroom/one-bath units). Complementing the apartment building is a separate 1,342 square foot single-family residence (addressed as 741 Witmer St), configured for two tenants and featuring 4 bedrooms and 2.5 bathrooms, creating an additional income stream and unique value-add potential. Ideally situated, the property offers close proximity to major employment centers, public transportation, shopping, dining, entertainment venues, parks, and cultural institutions. The surrounding area continues to attract young professionals, students, and creatives, driving consistent rental demand and long-term growth. With an in-place cap rate of 6.36%, the asset delivers day-one cash flow, while presenting a clear path to increased returns through rental repositioning, light renovations, and optimized management. The property has been well-maintained over the years. The property’s layout and location also make it well-suited for both traditional and alternative rental strategies, including co-living or furnished rentals.

1317 Linwood Avenue, Los Angeles
$749,999
6 Beds ⋅ 5 Baths ⋅ PW26086737 MLS ⋅ Active Status
**PRICE REDUCTION** Incredible Income-Producing Opportunity in the heart of South Los Angeles! 6118 S Main St offers a rare chance to own a triplex with separate addresses and immediate rental income. Featuring a total of 6 bedrooms and 5 bathrooms across approximately 2,560 sq ft, this versatile investment delivers both strong cash flow and long-term appreciation upside. The property’s layout and zoning offer flexibility for investors seeking to optimize returns or add value through updates and improvements. Located along Main Street in a high-demand rental area, the property is minutes from Downtown LA, USC, major freeways (110 & 10), and public transit, ensuring consistent occupancy and strong tenant interest. This property combines character with opportunity, perfect for an investor looking to expand their portfolio or a buyer seeking a house-hack setup. 6118 S Main St delivers the best of both worlds, cash flow now and appreciation potential later. Whether you’re an investor or an owner-occupant, this property is a smart addition to any Los Angeles portfolio. Unit 1 has: 2 bed 1.5 bath Unit 2 has: 2 bed 1.5 bath Front house has 1 unit (Unit 3 has): 2 bed 1 bath

6118 S Main, Los Angeles
$899,999
DW26077045 MLS ⋅ Active Status
Opportunity like this doesn’t come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you're looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.

1438 E 20th Street, Los Angeles
$699,000
SR26062065 MLS ⋅ Active Status
Great investment opportunity. Triplex in a great location centrally located close to Expo line, LAFC, USC, museums transportation and much more. Front units are 1 bedroom 1 bathroom. Back unit is detached 2-bedroom 1 bath with its own yard craftsman bungalow style. Great rental income. Do not miss this great opportunity to own a great income producing investment. Back unit will be vacant end on Aug. 1 st 2026

237 W 50th, Los Angeles
$800,000
MB26058112 MLS ⋅ Active Status
Great opportunity to own a well-maintained Triplex located in a convenient area close to schools, shopping, and public transportation. The property offers easy access to major freeways and is only minutes away from University of Southern California (USC). Property features: Unit 1 (Downstairs): 3 Bedrooms, 1 Bathroom, Unit 2 (Upstairs): 2 Bedrooms, 1 Bathroom, Unit 3: 1 Bedroom, 1 Bathroom . Additional highlights include open parking spaces on the property for tenants . This is a fantastic opportunity for investors looking for rental income in a highly desirable location .

1208 E 34th Street, Los Angeles
$747,000
7 Beds ⋅ 4 Baths ⋅ SB25202516 MLS ⋅ Active Status
Excellent investment opportunity! This triplex on 24th Street in Los Angeles, in the heart of Downtown LA, offers incredible income potential and future development possibilities. Situated in a prime location, this multi-unit property is perfect for investors or owner-occupants looking to maximize rental income or even expand living space. With spacious units and a functional layout, each residence provides comfortable living with ample natural light and character. The property sits on a generous lot, offering potential to expand, add additional units, or redevelop. Located near major freeways, public transportation, shopping, dining, and entertainment- this triplex is in a high-demand rental area, making it an excellent long-term investment. Don't miss out on this versatile property with room to grow.

717 E 24th Street, Los Angeles
$747,000
SB25202514 MLS ⋅ Active Status
Excellent investment opportunity! This triplex on 24th Street in Los Angeles, just minutes from Downtown LA, offers incredible income potential and future development possibilities. Situated in a prime location, this multi-unit property is perfect for investors or owner-occupants looking to maximize rental income. With spacious units and a functional layout, each residence provides comfortable living with ample natural light and character. The property sits on a generous lot, offering potential to expand, add additional units, or redevelop (buyer to verify with the city). Located near major freeways, public transportation, shopping, dining, and entertainment, this triplex is in a high-demand rental area, making it an excellent long-term investment. Don't miss out on this versatile property with room to grow

717 E 24th Street, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.