1703 E 71st St, Los Angeles, CA 90001

Great opportunity for an owner-user or investor to own these three units in the Florence-Graham neighborhood of Los Angeles. This triplex is located on a cul-de-sac, very close to public transportation, schools, Franklin D. Roosevelt Park, shops, and restaurants. The Florence Blue Line Station is only a block away and allows quick and easy access to Downtown L.A. and the Metro Rail hub! The main building includes a 2 bedroom, 1 bath unit in the front and a 1 bedroom, 1 bath unit in the back. The rear building features a studio unit, converted from a garage during a previous ownership. Property is located in Los Angeles County, not in City of Los Angeles, so it is not subject to rent control. Current owner has not raised rents consistently, so have some long term tenants with below market rents. Tremendous value to keep occupied and have it pay for itself, or make improvements and raise rents for greater potential upside, or owner occupy and rent out the units to subsidize the mortgage.