Opportunity like this doesn’t come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you’re looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.
AGENT: Jose Perez LISTING BROKERAGE: Real Broker
Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1438 E 20th ST
Los Angeles, CA
Property Details
Price:
$990,000
MLS #:
DW26077045
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c42downtownla
Listed Date:
Apr 9, 2026
Total Sq Ft:
3,114
Lot Size:
6,479 sqft / 0.15 acres (approx)
Year Built:
1904
C42 – Downtown L.a.C42downtownla
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Schools
Interior
Laundry Features
IN
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Net Operating Income
$63,225
Map
Community
- Address1438 E 20th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
