Investors & Buyers Alert! Massive Income Potential at 654 Penrith Drive!
Don’t miss this rare multi-unit opportunity in the heart of Los Angeles! Perfect for investors and buyers looking for passive income and portfolio growth. This property is a Duplex with three fully functional units — instant cash flow, turnkey potential, and long-term growth.
Unit 1: 3 Bedrooms, 2 Bathrooms, washer/dryer, private yard
Unit 2 (New Construction!): 2 Bedrooms, 2 Bathrooms, 2 balconies, full kitchen, washer/dryer, private yard
Unit 3 (New Construction Studio!): Full bathroom, full kitchen, washer/dryer, private yard
Additional perks:
2-car garage + tandem parking for 3 cars
Walking distance to local amenities
Minutes from Downtown LA & the new 6th Street Bridge
Units 2 & 3 are brand new and in the process of obtaining a Certificate of Occupancy, giving you fresh, rentable units ready to generate income immediately.
This is the ultimate property for investors and buyers looking to grow a real estate portfolio. Opportunities like this don’t wait — act fast!
?? Call now before this rare gem is gone!
New construction
Listing Provided by:
Christopher Aparicio DRE #02188416 661-250-8295,
Golden Real Estate Investments
Price cut: $60K (8/21)
$1,490,000
654 Penrith Dr, Los Angeles, CA 90023
5beds
2,498sqft
Est.:
Duplex
Built in 1923
5,290 Square Feet Lot
$1,479,900 Zestimate®
$596/sqft
$-- HOA
What's special
Private yardFull kitchenWasher dryer
- 44 days
- on Zillow |
- 111 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 06:27am
Listing Provided by:
Christopher Aparicio DRE #02188416 661-250-8295,
Golden Real Estate Investments
Source: CRMLS,MLS#: SR25059959
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Basement, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Full Bath on Main Level, Remodeled, Separate Shower, Tub Shower
Heating
- Central, Ductless
Cooling
- Central Air
Appliances
- Included: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
- Laundry: Inside, Stacked
Features
- Breakfast Bar, Balcony, Eat-in Kitchen, In-Law Floorplan, Open Floorplan, Bar, All Bedrooms Up
- Flooring: Laminate
- Doors: Sliding Doors
- Basement: Finished,Sump Pump
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,498 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One,Two,Multi/Split
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 5,290 Square Feet
- Features: 2-5 Units/Acre, Front Yard, Sprinklers In Front, Near Park, Near Public Transit, Paved, Rectangular Lot, Sprinkler System
Details
- Parcel number: 5185027015
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer, Sewer Tap Paid
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks, Park
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $596/sqft
- Tax assessed value: $738,683
- Annual tax amount: $9,172
- Date on market: 3/20/2025
- Listing terms: Cash,Conventional,1031 Exchange
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