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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

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    $3,503/mo

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    $3,503/mo

    Rent Zestimate®

    Refinance and save

    $4,426/mo

    Est. payment

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    $4,426/mo

    Est. payment

    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#: P1-21394MLS LogoOriginating 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