5218 San Vicente Boulevard,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
5218 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for SaleMiracle Mile Adjacent Investment or Owner-Occupant Opportunity. Discover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods. The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. Two (2) units will be delivered vacant at close of escrow, making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The remaining unit is currently rented at $1,100/month for immediate cash flow and may also be delivered vacant. Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for vacant units, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives. Conveniently located near shopping, dining, entertainment, major employment centers, and transportation corridors. Don't miss this rare chance to own a turnkey income-producing triplex in Mid-City Los Angeles! Please do not disturb tenants or walk the property without an appointment.
Details
| MLS # | 26851283 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 86 |
| Listing Provided By | Redfin | Thomas Chorley |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,124 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.15 |
Interior
| Cooling | None |
|---|---|
| Heating | Fireplaces, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Dishwasher, Electric Cooktop, Disposal, Microwave, Oven |
Parking
| Parking Features | Public, Private |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $1,300,000 low | high Med: $1,792,500 sqft: 2,124 low | high Med: 5,522 $ / sqft: $612 low | high Med: $335 On site: 86 low | high Med: 75.5 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $1,300,000 low | high Med: $1,792,500 sqft: 2,124 low | high Med: 5,522 $ / sqft: $612 low | high Med: $335 On site: 86 low | high Med: 75.5 | |
