5218 San Vicente Blvd Los Angeles, CA 90019

5219 San Vicente Blvd, Los Angeles, CA 90019 | Mid-City Triplex for Sale Miracle Mile Adjacent Investment or Owner-Occupant OpportunityDiscover this charming 1942-built triplex in the highly sought-after Mid-City submarket of Los Angeles, ideally situated just south of the Miracle Mile district. This wood-frame and stucco multi-family property offers 2,124 square feet on a spacious 6,724 square foot LAR2-zoned lot, providing excellent potential for ADU development, expansion, or rental income growth in one of LA's most accessible neighborhoods.The property features three (3) one-bedroom, one-bathroom units, three garage parking spaces, beautiful drought-tolerant landscaping, and a private backyard ready for your personal touches or additional outdoor living space. One unit will be delivered vacant at close of escrow (currently owner-occupied), making this an ideal owner-occupant, extended family, or first-time multifamily investor opportunity. The other two units convey with reliable tenants in place for immediate cash flow.Perfect for house hacking, multi-generational living, or building long-term wealth through rental income in a prime Central LA location with strong rental demand. Projected rents for the vacant unit, operating expenses, and taxes are detailed in the attached pro forma. LAR2 zoning supports future upside with accessory dwelling units (ADUs), duplex conversions, or other value-add strategies under current LA housing incentives.Conveniently located near shopping, dining, entertainment, major employment centers, and transportation corridors. Don't miss this rare chance to own a turnkey income-producing triplex in Mid-City Los Angeles! Please do not disturb tenants or walk the property without an appointment.