Are you ready to build generational wealth? This prime multi-family triplex in historic Highland Park offers a golden investment opportunity offered at only $360k per door! Situated on an oversized lot just one block from lively Figueroa Street—an artistic neighborhood, home to trendy coffee shops, eclectic eateries, and the renowned LA Farmers Market. The Highland Park metro-link station is just 1/4 mile away, adding to the convenience. The triplex features three separate units all with newer roofs. The two front units (approx 825 SqFt each) with outdoor spaces, and a rear detached Craftsman home (approx 1,115 SqFt) with its own backyard. Each unit includes a garage, in-unit laundry, separate dining, and living areas, plus independent gas and electricity. With high demand and substantial rental potential, this property is a rare find, available for the first time in over 45 years. Currently fully occupied with month-to-month tenants, it’s a prime opportunity to start building generational wealth. This property is a gem. Make your offer today!
Sold for $955,000 on 02/07/25
Listing Provided by:
Jesse Sanchez DRE #02033411 562-713-2941,
PAK HOME REALTY
$955,000
132 S Avenue 56, Los Angeles, CA 90042
--beds
--baths
2,764sqft
Triplex
Built in 1908
-- sqft lot
$1,236,700 Zestimate®
$346/sqft
$4,354 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 07, 2025 at 11:33pm
Listing Provided by:
Jesse Sanchez DRE #02033411 562-713-2941,
PAK HOME REALTY
Bought with:
Michael Carlo Garcia, DRE #01983751
Compass
Source: CRMLS,MLS#: CV24160474
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Flooring: Carpet, Tile, Vinyl, Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
Features
- Levels: Multi/Split
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,177 sqft
- Features: 0-1 Unit/Acre, Near Public Transit, Rectangular Lot, Street Level, Yard
Details
- Parcel number: 5468025009
- Zoning: LARD2
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Foundation: Combination
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash to New Loan,Conventional,FHA,Submit
- Road surface type: Paved
Services availability
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Estimated market value
$1,236,700