6530 Denver
Los Angeles, CA, 90044 $ 1,000,000
Baths1.0 Sq 2,135 Monthly Estimate*
$ 6,157
Listed by Century 21 Masters
Studio for $1,000,000 with 1 full bath. This 2,135 square foot home was built in 1923 on a lot size of 0.124.
Exceptional opportunity to own an upgraded, income-producing triplex in a prime Los Angeles location offering immediate cash flow of $77,400 in yearly revenue, modern improvements, and long-term appreciation potential. This property has undergone extensive renovations completed in December 2021, including bright new flooring, updated bathrooms, refreshed interiors, and major system upgrades designed to reduce maintenance and attract quality tenants. Approximately three years ago the plumbing was upgraded to durable PEX throughout, providing long-lasting reliability and peace of mind for investors. All units feature modern finishes and appealing layouts, making this a true multi-unit asset with additional rental upside. The property is individually metered for electricity and gas, helping keep owner expenses low. Owner pays water only (approximately $800 every two months), while tenants cover other utilities. Ample parking is available with front parking for the front units and dedicated rear parking for the back unit, adding strong tenant appeal. Front Unit #1 is a spacious two-story 2-bedroom, 2-bathroom unit featuring significant electrical upgrades including a new 200-amp electrical panel and updated wiring. Front Unit #2 is a 1-bedroom, 1-bathroom unit with a new water heater installed June 2023 and modern interior finishes. Rear Unit #3 offers 2 bedrooms and 1 bathroom with upgraded flooring and private rear parking access. Ideally situated with easy access to major freeways, this property is just minutes from Downtown Los Angeles, USC, Exposition Park, museums, entertainment venues, LAX, and SoFi/Rams Stadium, making it highly attractive for tenants seeking convenience and connectivity. With recent renovations, modern infrastructure, low owner utility responsibility, strong rental demand, and clear upside potential, this triplex represents a rare investment opportunity perfect for both seasoned investors and those looking to expand their real estate portfolio.
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FeaturesGeneralSewer Public Sewer
Utilities Electricity Available
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1923
Tenant Pays Electricity Gas
View None
Property Subtype Triplex
Gross Income 77400
Community Features Curbs Gutter(s)
County Los Angeles
Net Operating Income 73998
Operating Expense 3402
Insurance Expense 1175
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions S FIGUEROA & FLORENCE
City Los Angeles
Entry Location FRONT
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 3
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5401
Listing Terms Conventional 1031 Exchange FHA VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 2227
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 403
Property Sub Type Additional Triplex
Expected Active Date 2026-02-06
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InteriorInterior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Gas Dryer Hookup In Carport
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Total Parking 5
Lot Size Area 5401
Number of Buildings 2
Spa false
Building Area Total 2135
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded FeaturesList Byfrankparrabroker@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,157
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,841,294
Percent of Sale Price 84%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/6/2026 | $1,000,000 | | Listed Price |