2326 Elmgrove
Los Angeles, CA, 90031
$1,199,999
MLS: IG26028097
Beds
7
Baths
4
Sq Ft
1,873
Lot
0.12 ac
Year Built
1928
MLS #
IG26028097
Days on Market
54
Listed
Feb 9, 2026
Description
Three detached homes on one lot in the heart of Frogtown (Elysian Valley) make this a rare and exceptional income-generating opportunity. Situated just steps from the scenic LA River bike path and amid the ongoing LA River revitalization, this property offers both lifestyle and long-term upside. The two front units each feature 2 bedrooms and 1 bathroom, while the rear unit offers a spacious 3 bedrooms and 2 bathrooms. Each unit is separately metered for gas and electricity. Located in a highly desirable neighborhood with convenient freeway access and nearby transportation, this unique triplex is an opportunity you won’t want to miss.
Location
Los Angeles, Los Angeles County, CA 90031
Open on Google Maps ↗Listed by: Sharon Loi · KSC Realty Group Inc.
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,079,999
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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