Sold for $725,000 on 05/02/25
Listing Provided by:
Leonard Diaz DRE #01943351 626-676-5132,
Berkshire Hathaway HomeServices California Properties
Bought with: Equity Smart Real Estate Services
$725,000
701 Leonard Ave, Los Angeles, CA 90022
5beds
3baths
2,470sqft
Triplex
Built in 1931
-- sqft lot
$711,300 Zestimate®
$294/sqft
$3,503 Estimated rent
Owner options
What's special
Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!
Zillow last checked: 8 hours ago
Listing updated: May 02, 2025 at 04:59pm
Listing Provided by:
Leonard Diaz DRE #01943351 626-676-5132,
Berkshire Hathaway HomeServices California Properties
Bought with:
Hector Orozco, DRE #01922599
Equity Smart Real Estate Services
Gerardo Morales, DRE #01808861
Equity Smart Real Estate Services
Source: CRMLS,MLS#: P1-21394
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,470
- Total interior livable area: 2,470 sqft
Property
Parking
- Total spaces: 8
- Parking features: Concrete, Covered, Driveway, Garage, Shared Driveway, Side By Side
- Garage spaces: 3
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,479 sqft
- Features: Corner Lot, Sprinklers None
Details
- Parcel number: 6342033030
- Zoning: LCR305
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Spanish
- Property subtype: Triplex
Materials
- Foundation: Raised
- Roof: Composition,Spanish Tile
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Community
- Community features: Curbs
Location
- Region: Los Angeles
- Subdivision: Other
HOA & financial
Other financial information
- Total actual rent: 2000
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$711,300