Call Dana Coronado for a private tour: 310-562-9630 Rare Sale of a 100% Vacant, Value-Add Triplex in Prime Highland Park! Unit #1 has already been fully renovated. RTI permits to remodel 2 units in front, plus approved plans to build a rear 1,100 SF ADU will transfer with the sale (value of over $100,000!) Asking price is under $400/SF which is very well-priced in this area. This property would make an ideal TIC conversion, owner-user property, or stabilized cash flowing investment once renovated. Steps away from all of the hottest retail stores and restaurants of Figueroa that make Highland Park one of the most vibey neighborhoods in Northeast LA. Do not miss out on this incredible potential! Unit Mix: Unit #1: 3Br+2Ba - 1,086 SF (downstairs) Unit #2: 3Br+2Ba - 1,152 SF (upstairs) Unit #3: 1Br+1Ba - 612 SF (downstairs) Future ADU: 3Br+3Ba - 1,180 SF (2 Story) Purchase With Residential Financing (Low Down Payment!) - Call For Loan Programs & Options! The current ownership has spent over $100,000 on architect fees, permits and plans that will transfer with the property. The RTI (Ready to Issue) Permits allow for the 2 larger units to be remodeled and layouts adjusted to be more functional. RTI means that once escrow closes, the Buyer can pay the permit fees at the city and begin construction the next day, saving the Buyer months of back and forth with the planning department. There are also plans for a rear, detached 2 story ADU that are not RTI but extremely valuable. This gives the Buyer flexibility to complete the ADU on their own timeframe. The approved ADU floorplan consists of an 1,180 SF 3 Br + 3 Ba two story home. Newly renovated 3 bedroom and 3 bathroom homes can expect to rent for between $4,250 - $5,000 in Highland Park. This ADU would make an ideal owner’s unit, as it will be the only standalone unit on the property and it is also the largest.