739 New Depot St, Los Angeles

Los Angeles Home For Sale

Rare opportunity to acquire a triplex located on a street to street lot in the rapidly developing Chinatown Neighborhood. (1) 739 New Depot Street, rebuilt in the 60's, offers 2 bedrooms plus a den (which could be converted to 3rd bedroom), 1.5 bathrooms, a service porch with laundry hookup, newly updated kitchen and bathrooms, newly laminate flooring, a newly installed roof with insulation, and fresh interior paint. (2) The downstairs unit, 741 New Depot Street, boasts 3 bedrooms, 1.75 bathrooms, recently refreshed paint, and a remodeled kitchen and bathrooms completed 5 years ago. (3) 730 W College Street, the 3rd unit, offers 4 bedrooms, 2 upgraded bathrooms, living and dining room, a thoughtfully remodeled chef’s Kitchen featuring a breakfast nook, stainless steel appliances, a 5-burner gas cooktop, a wok stove for a deep bowl-shaped frying pan and dual exhaust fans, ample cabinetry, recessed lighting, a central AC unit, and dual pane windows throughout. Both 741 New Depot St and 730 W College St were built in the mid-60's and the remodeling work was completed 5 years ago. This property is conveniently situated just two blocks away from the Alpine Recreation Center, offering amenities such as a basketball court and children's playground, as well the Chinatown Service Center. It provides easy access to major freeways including the 110, 101, and 5, and is only a few blocks from N Broadway with quick access to Downtown Los Angeles. This thoughtfully upgraded multi-family triplex presents AN EXCELLENT OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS looking to reside in one unit while generating rental income from the others. Don't let this gem to pass you by!

Property Details

739 New Depot StLot Size: 0.12Bedrooms: 9Bathrooms: 6Price: $1,200,000Zip: 90012
MLS® #: AR24142131Garages: 3School District: Days on Market: 36Listed By: Pearl Chen, Compass

Sales Agent

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Additional Information

  • City:
    Los Angeles
  • County:
    Los Angeles
  • Zip:
    90012
  • MLS® #:
    AR24142131
  • Bedrooms:
    9
  • Bathrooms:
    6
  • Lot Size:
    0.12
  • Garages:
    3
  • HOA Dues:
    $

Price Change History for 739 New Depot St, Los Angeles, (MLS® #AR24142131)

Date Details Price Change
Price Reduced (from $1,650,000) $1,200,000 $450,000 (27.27%)
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Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2024 at 10:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.