654 Penrith
Los Angeles, CA, 90023
$1,550,000
MLS: SR25242692
Beds
6
Baths
5
Sq Ft
2,339
Lot
0.12 ac
Year Built
2025
MLS #
SR25242692
Days on Market
174
Listed
Oct 18, 2025
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
Location
Los Angeles, Los Angeles County, CA 90023
Open on Google Maps ↗Listed by: Christopher Aparicio · Golden Real Estate Investments
Payment estimate
$11,067
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $155,000 · Loan: $1,395,000
- Principal & Interest
- $8,571
- Property tax (1.25%)
- $1,615
- Homeowners insurance
- $300
- Mortgage insurance
- $581
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 $54,250 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 90023 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
Only large teams outsell Mike Watson · Keller Williams Realty
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