795 E Kensington Rd$1,495,000Pending

Exquisite Craftsman-style triplex, nestled in the heart of the highly sought-after Angelino Heights HPOZ. Two of the three units (Units 799 & 797) will be delivered vacant and ready to rent at the close of escrow. Unit 799 (lower, door on the right, vacant) has 3 beds/2 baths over 1,258 square feet. It features a historic-tile powder room, high ceilings, and hardwood floors. An original decorative fireplace and a rear deck through French doors off the kitchen enhance its home-like appeal. Estimated market rent: $3600/mo. Unit 797 (upper unit, front door on the left, vacant) is the largest at 1,287 square feet. It has 4 beds/2 baths. Estimated market rent: $3800/mo. Unit 795 (lower rear unit, door on the left), an 813 sq. ft., two-story unit with 2 beds/2 baths, is currently rented at $2515/mo. That unit's living room features a lofted ceiling with exposed beams and a rear deck that opens off the kitchen, with stairs down to the yard. The property also includes a rear 2-car carport with separate alley access, assignable to any unit, which may be convertible to an ADU (buyer to investigate and verify). This pride-of-ownership building has been lovingly maintained by the current owner for 14 years, making it a unique and valuable investment opportunity or a great way for an owner-user to live in Angelino Heights with two mortgage-helpers. Ideal location, high bedroom count, and tons of character - a trophy property and a great long-term investment.