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For sale
  • Listing Provided by: 

    Yonathan Canete Baltazar DRE #01991889 626-803-2000,

    The Agency

    Price cut: $150K (7/7)
    $699,000

    3741 Locke Ave, Los Angeles, CA 90032

    6beds
    5baths
    --sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $670,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private yard spaces
    Prime investment opportunity in one of the most desirable pockets in El Sereno, north of Huntington Dr. This legal detached duplex offers private yard spaces per unit and parking. The property also includes paid plans for expanding both units and converting the detached garage into an Accessory Dwelling Unit (ADU). Currently vacant, house hackers, savvy investors, or contractors can maximize returns in LA's high-demand rental market. Sitting on a fully usable 7,500 sq ft lot, the property is already positioned for major upside: concrete foundation work for the planned additions is complete, new plumbing has been installed, and a gas line is in place for the ADU. Whether you plan to live in one unit and rent out the other two or create a fully income-generating triplex, the groundwork is done. Market Rents Support a monthly gross of $10,100. Opportunities like this are rare--a chance to build equity fast, generate passive income, and design a modern rental or multi-generational compound in a fast-growing community. Neighboring Highland Park, South Pasadena, and Alhambra the property offers easy access to the 110 freeway, Keck Medicine, and Cal State LA. Invest, build, earn, and thrive in Northeast LA.
    63 days
    on Zillow
    |
    1,851
    |
    114
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    Zillow last checked: 7 hours ago

    Listing updated: July 17, 2025 at 11:48am

    Listing Provided by:

    Yonathan Canete Baltazar DRE #01991889 626-803-2000,

    The Agency

    Source: CRMLS,MLS#: P1-22556MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 3741 Locke Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,500 Square Feet
    • Features: Sprinklers None
    Details
    • Parcel number: 5306011046
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Fixer,Under Construction
    • Year built: 1924

    Community & HOA

    Community
    • Features: Park, Urban
    • Subdivision: Not Applicable
    Location
    • Region: Los Angeles

    Financial & listing details

    • Tax assessed value: $680,233
    • Annual tax amount: $8,508
    • Date on market: 6/2/2025
    • Listing terms: Cash,Cash to New Loan,1031 Exchange,Submit
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