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Stacey Alysson Melman

1129 E 71st ST
Los Angeles, CA, 90001
$775,000
5 Beds
3 Baths
2,000 SqFt
0.14 Acres
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MLS #26851431 image #0
Seller shall consider paying for Buyer’s Closing Costs. First time on the market in several years, this triplex residential property features three one-bedroom units. The triplex consists of one duplex and a one bedroom one bath rear house. One unit is currently vacant. Long term tenancy may explain the rents, however, there exists a very lucrative upside soon for the astute investor. Interior inspection only upon an accepted offer. Drive by only. DO NOT DISTRUB TENANTS! Centrally located within minutes of downtown Los Angeles, this location provides access to major shopping areas in downtown Los Angeles, minutes from nearby educational opportunities with University of Southern California, Los Angeles City College, with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall and many more. Property is sold in “its current present condition.” Buyer to rely solely on Buyer’s independent investigations. Drive by only. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer’s expense and rely solely on buyer’s inspections and investigations. Property is sold for All Cash, or Cash to New Loan. The seller shall select all services, including escrow, title services and pest control services, if applicable. Please contact listing agents for more information. The seller shall participate in a 1031 exchange as a result of this transaction. Seller requests Buyer’s cooperation in such exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.
AGENT: Luther Henderson
LISTING BROKERAGE: Realty Executives Westside
1129 E 71st ST
Los Angeles, CA

Property Details

Price:
$775,000
MLS #:
26851431
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Jul 6, 2026
Finished Sq Ft:
2,000
Total Sq Ft:
2,000
Lot Size:
6,129 sqft / 0.14 acres (approx)
Year Built:
1924
C42 – Downtown L.a.C42downtownla
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Schools

Interior

Cooling
NO
Heating
WL
Levels
A

Exterior

Financial

Gross Operating Income
$22,914
Net Operating Income
$22,914

Map

Community

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