5,401 Sqft Lot
5,401 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26187068
HOA Y/N No
Year Built 2026
Lot Size 5,401 Sqft
Property Sub-Type Triplex
Property Description
Delivered 100% vacant and not subject to rent control, the property gives its next owner the opportunity to immediately establish market rents, select their own tenants, or take advantage of an ideal house hack opportunity, live in one unit while generating rental income from the other two.
The property features an impressive 12 bedrooms and 9 bathrooms across approximately 3,561 SF, with a highly desirable unit mix consisting of a spacious 5-bedroom/4-bath front residence, a 4-bedroom/3-bath unit, and a 3-bedroom/2-bath unit. The large bedroom counts provide excellent rental flexibility and strong income potential for both investors and owner-users.
Designed with long term ownership in mind, each residence is individually metered for water, gas, and electricity, helping simplify utility management and minimize owner paid expenses. Each unit also includes in-unit laundry hookups, while the property features solar panels, two garage spaces and additional on-site parking. Brand-new construction provides the added benefit of modern building systems and potentially lower near term maintenance compared with older multifamily inventory.
The location further sets 3038 W Casitas apart. Positioned in Atwater Village near the Los Angeles River, the property offers convenient access to the neighborhood's popular restaurants, cafés, shops and recreation while placing residents just minutes from Silver Lake, Glendale and Downtown Los Angeles.
Whether acquired as a turnkey multifamily investment, owner-occupied income property, or multi-generational living opportunity, 3038 W Casitas Ave offers the increasingly difficult to find combination of new construction, vacant delivery, 12 bedrooms, strong income potential, separate utilities and a prime Los Angeles location.
Location
State CA
County Los Angeles
Area 606 - Atwater
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
Laundry Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Dog Park, Sidewalks
Roof Type Asphalt,Flat
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two
New Construction Yes
Others
Senior Community No
Tax ID 5436033011
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae
Green/Energy Cert Solar
Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Fannie Mae
Special Listing Condition Standard
Nearby Locations
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