Rare opportunity to acquire a beautifully maintained three-unit multifamily property in the heart of highly sought-after Atwater Village, one of Northeast Los Angeles' most desirable and consistently strong rental markets. Situated on a 5,404 SF lot, this charming 1,600 SF property features three (3) detached cottage-style residences, each offering 1 bedroom and 1 bathroom. Individually metered for gas and electricity, the property provides an efficient, low-maintenance investment structure while offering tenants the privacy and appeal of standalone homes. Atwater Village continues to be one of Los Angeles' premier rental destinations, celebrated for its vibrant neighborhood atmosphere, walkable streets, trendy cafés, acclaimed restaurants, boutique shopping, and convenient access to Griffith Park, the Los Angeles River bike paths, Glendale, Los Feliz, Silver Lake, Downtown Los Angeles, and major employment centers. Whether you're a seasoned investor seeking stable long-term income or looking to add a high-demand asset to your portfolio, this property offers an exceptional combination of location, tenant appeal, and future appreciation potential.
| MLS # | GD26141861 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 61 |
| Listing Provided By | Christie's RE SoCal | Karine Aslanian |
| SQ Feet | 1,600 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 4 |
| Acreage | 0.12 |
| Lot Features | Two To Five Units Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Dog Park |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90039 |
| Area | 606 Atwater |
| Listing VS Median (in 90039) | |
Price: $1,749,000 low | high Med: $1,050,000 sqft: 1,600 low | high Med: 920 $ / sqft: $1,093 low | high Med: $1,141 On site: 61 low | high Med: 721 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90039 |
| Area | 606 Atwater |
| Listing VS Median (in 90039) | |
Price: $1,749,000 low | high Med: $1,050,000 sqft: 1,600 low | high Med: 920 $ / sqft: $1,093 low | high Med: $1,141 On site: 61 low | high Med: 721 | |
![]() | $1,599,0003149 Garden AvenueLos Angeles, CA 90039 |