Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveTriplex

4824 Toland Way

Los Angeles, CA, 90042

1 / 26View all 26 photos

$1,249,000

MLS: P1-24267

Beds

4

Baths

4

Sq Ft

2,738

Lot

0.51 ac

Year Built

1921

MLS #

P1-24267

Days on Market

165

Listed

Sep 25, 2025

Description

Nestled in the scenic foothills between Highland Park and Eagle Rock, this rare two-building triplex offers a unique blend of charm, income potential, and future upside. Set on a spacious lot, the property provides ample outdoor space and potential opportunities for expansion or additional development, subject to city approval. Each of the three units enjoys its own entrance and layout, creating privacy and a comfortable living experience for tenants. This is a tenant-occupied property and will not be delivered vacant, making it an ideal turnkey investment with rental income in place from day one. Its prime location near vibrant York Boulevard, Colorado Boulevard, and easy freeway access makes this triplex a compelling opportunity for both investors and owner-users looking to maximize the lot's potential.

Location

Los Angeles, Los Angeles County, CA 90042

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Listed by: Mark MacFarlane · Vimvi California

Payment estimate

$8,976

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100

%
Principal & Interest
$6,907
Property tax (1.25%)
$1,301
Homeowners insurance
$300
Mortgage insurance
$468
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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 $43,715 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.

Local Market Stats

See Los Angeles, CA 90042 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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