739 New Depot St

Rare opportunity to acquire a triplex located on a street to street lot in the rapidly developing Chinatown Neighborhood. (Unit #1) 739 New Depot Street, originally built in 1925 and had alterations in the 50-60s, 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, new double pane windows, new laminated flooring, a newly installed roof with insulation and fresh interior paint. (Unit #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. (Unit #3) 730 W College Street 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 newer central AC unit, and dual pane windows throughout. 741 New Depot St and 730 W College St were built in 1966 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!