Los Angeles, CA 90032 3741 Locke Avenue

3741 Locke Avenue Los Angeles, CA - Image 13741 Locke Avenue Los Angeles, CA - Image 23741 Locke Avenue Los Angeles, CA - Image 3
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Presented By: Yonathan Canete Baltazar with The Agency - (213) 273-3797
  • I-Tech MLS - 227 - CA
  • MLS# P122556
  • 06/03/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 5

Home Details

Prime investment opportunity in one of the most desirable pockets in El Sereno, north of Huntington Dr. This legal detached duplex offers private yard spaces per unit and parking. The property also includes paid plans for expanding both units and converting the detached garage into an Accessory Dwelling Unit (ADU). Currently vacant, house hackers, savvy investors, or contractors can maximize returns in LA's high-demand rental market. Sitting on a fully usable 7,500 sq ft lot, the property is already positioned for major upside: concrete foundation work for the planned additions is complete, new plumbing has been installed, and a gas line is in place for the ADU. Whether you plan to live in one unit and rent out the other two or create a fully income-generating triplex, the groundwork is done. Market Rents Support a monthly gross of $10,100. Opportunities like this are rare--a chance to build equity fast, generate passive income, and design a modern rental or multi-generational compound in a fast-growing community. Neighboring Highland Park, South Pasadena, and Alhambra the property offers easy access to the 110 freeway, Keck Medicine, and Cal State LA. Invest, build, earn, and thrive in Northeast LA.
Presented By: Yonathan Canete Baltazar with The Agency - (213) 273-3797

Interior Features for 3741 Locke Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectric Dryer Hookup, Gas Dryer Hookup

General for 3741 Locke Avenue

Cap Rate7
CityLos Angeles
Community FeaturesPark, Urban
CoolingNone
CountyLos Angeles
Current FinancingPrivate
DirectionsNorthbound on Huntington Dr make a left on El Sereno Ave, Left on Edison St, Right on Locke Ave.
Electric Expense
Garage Spaces
Garage Y/NNo
Gross Income121200
HOA Fee$
HeatingNone
Insurance Expense4000
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet7500
Lot Size UnitsSquare Feet
MLS Area621 - El Sereno
Net Operating Income90900
Operating Expense25000
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionFixer, Under Construction
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories2
Subdivision NameNot Applicable
Tax Lot61
Trash Expense2100
ViewNone
Year Built1924
Year Built SourcePublic Records

Exterior for 3741 Locke Avenue

FencingChain Link
Lot FeaturesSprinklers None
Lot Size Acres0.1722
Lot Size Area7500
Lot Size SourcePublic Records
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesDriveway
SpaNo
Total Parking3

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $699,000
MLS#P122556
List Date 06/03/2025
Property Type Income
Phone 714.742.6515
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Request Info
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