OVERVIEW
CLOSED $1,100,000 · September 30, 2025 · Represented the Seller
I represented the seller of this Mid-City triplex, which sold for $1,100,000, 10% over the $1,000,000 asking price, with more than 13 offers above asking. It closed on September 30, 2025, in cash.
How we got it sold
The seller grew up in this property and later held onto it as an investment. They trusted me completely through the process, and it paid off.
We priced the triplex in a sweet spot that appealed to both owner-users and developers, and that drew more than 13 offers above asking.
Before we accepted an offer, we found out the property needed to go through probate. I connected my client with an attorney who streamlined the process so that the sale didn’t require court approval. It was a complex transaction, but we had a strategy and a plan in place from the start, and that kept it smooth for everyone.
About the property
A Spanish-style triplex on a 5,081 sq ft RD1.5-zoned lot in the heart of Mid-City, with city views from the second story. The front building has two 2-bedroom, 1-bathroom units, upstairs and downstairs. The rear has a 1-bedroom, 1-bathroom unit above a detached garage. It was sold as-is, a good fit for owner-users, builders, developers, and buy-and-hold investors.
STATS
3 units: two 2-bed/1-bath and one 1-bed/1-bath
2,716 sq ft building, built in 1931
Lot size 5,081 sq ft, zoned LARD1.5
Mid-City, Los Angeles
Detached garage
Sold: September 30, 2025 at $1,100,000 (about $405/sq ft, $366,667 per unit)
List price: $1,000,000, sold at 110% of list
Sale type: Probate (court approval not required), cash
Selling a multi-family or investment property in Los Angeles?
Pricing, timing, and a plan for the hard parts can mean the difference between one offer and thirteen. If you’re thinking about selling a duplex, triplex, or small apartment building, let’s talk.
Kara Marotta | kara.marotta@serhant.com | 818-519-8634 | DRE 02196098
Represented the Seller
SERHANT California is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number #02440323. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified and should be independently verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Neither listing broker(s) nor Kara Marotta shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. If your property is currently listed for sale this is not a solicitation.