Millman Team Real Estate

$1,490,000
5 Bed
5 Bath
2,498 Sqft
0.12 Acre Lot

654 Penrith Drive, Los Angeles, California 90023

  • Residential Property Type
  • 2,498 Sqft Square Footage
  • 1923 Year Built
Property Description

Investors & Buyers Alert! Massive Income Potential at 654 Penrith Drive!

Don’t miss this rare multi-unit opportunity in the heart of Los Angeles! Perfect for investors and buyers looking for passive income and portfolio growth. This property is a Duplex with three fully functional units — instant cash flow, turnkey potential, and long-term growth.

Unit 1: 3 Bedrooms, 2 Bathrooms, washer/dryer, private yard

Unit 2 (New Construction!): 2 Bedrooms, 2 Bathrooms, 2 balconies, full kitchen, washer/dryer, private yard

Unit 3 (New Construction Studio!): Full bathroom, full kitchen, washer/dryer, private yard

Additional perks:

2-car garage + tandem parking for 3 cars

Walking distance to local amenities

Minutes from Downtown LA & the new 6th Street Bridge

Units 2 & 3 are brand new and in the process of obtaining a Certificate of Occupancy, giving you fresh, rentable units ready to generate income immediately.

This is the ultimate property for investors and buyers looking to grow a real estate portfolio. Opportunities like this don’t wait — act fast!

?? Call now before this rare gem is gone!

Basic Details
Residential
For Sale
SR25059959
$1,490,000
City Lights,Neighborhood
5
5
2,498 Sqft
1923
0.12 Acre
Active
5
1
1
Duplex
Features
: None
: Central, Ductless
: Central Air
: Finished, Sump Pump
: None
: Laminate
: All Bedrooms Up, Breakfast Bar, Open Floorplan, Balcony, Eat-in Kitchen, Bar, In-Law Floorplan
: Inside, Stacked
: Public Sewer, Sewer Tap Paid
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Appliances
: Dishwasher, Microwave, Dryer, Washer, Disposal, Refrigerator, Vented Exhaust Fan, Built-In Range, Tankless Water Heater
Address Map
CA
Los Angeles
Los Angeles
90023
Penrith
654
Drive
Heading East on Whittier Blvd, Turn Left on Penrith Dr, Property will be on the Right
BOYH - Boyle Heights
LAR2
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: Park, Sidewalks, Curbs
1
2.0
: One, Two, Multi/Split
: Front Yard, Sprinkler System, Near Park, Paved, 2-5 Units/Acre, Rectangular Lot, Near Public Transit, Sprinklers In Front
3
2025-03-20
1550000
1
1
Broker/Agent Information
Golden Real Estate Investments
Christopher Aparicio
Listing Information
SR188010505
F0031300
Cash,Conventional,1031 Exchange
Active
2025-09-10T12:33:49Z
CRMLS
: Standard
2025-08-21T14:17:42Z
Agent info
Ray Millman
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