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$1,349,000
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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 Triplex 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 just received 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!
All showings must be by appointment only
Full Property Details
Full Property Details for 654 Penrith
General
- Price: $1,349,000
- Status: Active
- Type: Triplex
- Source: MRMLS
- MLS ID: SR25242692
- Updated: 11/23/2025
- Days on Market: 90 days
- Added to Site: 90 day(s) ago
Interior
- Rooms/Areas: Basement, Family Room, Jack & Jill, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
- Interior Features: Balcony, Bar, Beamed Ceilings, Block Walls, Brick Walls, Ceiling Fan(s), In-Law Floorplan, Open Floorplan, Partially Furnished, Recessed Lighting, Sump Pump, Tandem
- Fireplace(s): None
- Eating Areas: Breakfast Counter/Bar, Family Kitchen, In Kitchen, In Living Room
- Appliances: Disposal, Microwave, Refrigerator, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Dryer Included, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Brick, Concrete, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway, Concrete, Paved, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage (Single Door), Garage Door Opener, Gated, Public, RV Potential, Street, Tandem Uncovered
Location
- County: Los Angeles
- Driving Directions: Going east on whittier, turn left on penrith and the property will be on the right
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Triplex
- Construction: Brick, Concrete, Drywall Walls, Glass, Stucco
- Roof: Shingle
- Common Walls: 1 Common Wall
- Disability Access: 2 or More Accessible Exits, No Interior Steps, Parking
- Entry Location: front
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 2,339
- Sq. Ft. Source: Estimated
- Year Built: 2025
- Year Built Source: Other
- Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
Lot Features
- Property View: City Lights, Neighborhood, Panoramic
- Lot Size (Acres): 0.1214
- Lot Size (Sq. Ft.): 5,289.9
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre, Back Yard, Sloped Down, Front Yard, Gentle Sloping, Rectangular Lot, Park Nearby, Slopes Up from Street, Utilities - Overhead, Walking Street
- Fencing (Description): Block, Brick, Privacy, Wood
Green Features
- Energy Efficient: Appliances, HVAC
- Energy Generation: Solar
- Walk Score: 83
Financial Considerations
- Price Per Sq. Ft.: $576.74
Disclosures and Reports
- Special Conditions: Standard
Listed by Golden Real Estate Investments, Christopher Aparicio
Get Pre-Approved Today
Schools
Schools serving 654 Penrith
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Soto Street Elementary School 1020 South Soto Street, Los Angeles, CA 90023 | K-6 | 0.3 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.1 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.3 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 654 Penrith
Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$1,349,000
-3.57%
MLS
10/18/2025
Listed
$1,399,000
97.04%
MLS
6/08/2021
Sold
$710,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 654 Penrith
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,306
3%
$753,455
4%
2023
$8,996
110%
$724,200
2%
2022
$4,290
489%
$710,000
1518%
2021
$728
—
$43,877
1%
2020
$729
3%
$43,428
2%
2019
$709
14%
$42,578
2%
2018
$621
2%
$41,744
2%
2017
$606
5%
$40,926
2%
2016
$576
1%
$40,125
2%
2015
$569
-2%
$39,523
2%
2014
$579
—
$38,749
—
2013
$579
—
$38,575
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 654 Penrith
654 Penrith, Los Angeles, CA 90023 (MLS# SR25242692) is a Triplex property with 6 bedrooms and 5 full bathrooms. 654 Penrith is currently listed for $1,349,000 and was received on October 18, 2025. Want to learn more about 654 Penrith? Do you have questions about finding other Triplex real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

