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10912 Landale Street
Toluca Lake, CA 91602

  • Residential Income - Triplex
  • For Sale: $2,295,000
3.1

1712 WASHINGTON Way
Venice, CA 90291

  • Residential Income - Triplex
  • For Sale: $2,295,000
0

1712 WASHINGTON Way
Venice, CA 90291

  • Residential Income - Triplex
  • For Sale: $2,295,000
0

3765 ARBOLADA Road
Los Angeles, CA 90027

  • Residential Income - Triplex
  • For Sale: $2,295,000
0

219 California Avenue
Sunnyvale, CA 94086

  • Residential Income - Triplex
  • For Sale: $2,288,000
3.7

146 Central Avenue
San Francisco, CA 94117

  • Residential Income - Triplex
  • For Sale: $2,280,000
0

1943 19th.
Santa Monica, CA 90404

  • Residential Income - Triplex
  • For Sale: $2,275,000
0

604 W Colombero Drive
McCloud, CA 96057

  • Residential Income - Triplex
  • For Sale: $2,250,000
4.9

201 RUTH Avenue
Venice, CA 90291

  • Residential Income - Triplex
  • For Sale: $2,250,000
4.6

1033 N LA JOLLA Avenue
West Hollywood, CA 90046

  • Residential Income - Triplex
  • For Sale: $2,249,000
0

Based on information from California Regional Multiple Listing Service, Inc. as of October 17, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. To view the full disclaimer, please click here.

Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Multi-family Triplexes for Sale in Orange County and Los Angeles, CA


A triplex is a dwelling with separate entrances for three households. A triplex may be used to describe a two-story or three-story homes with completely separate apartments on each floor or side-by-side apartments on a single lot. Amongst multi-unit residential investment properties, a triplex is a building comprising three attached units on three different properties and is typically thought of as semi-detached, but may also be referred to as a triplex. The line between an apartment building and a triplex is somewhat blurred, with apartment buildings tending to be bigger, while triplexes are usually the size of a medium – sized house.


Southern California's great climate can enable your triplex or multifamily residential income property to serve as a vacation rental for many of its destination cities. Coastal cities are especially popular and you may command higher rents and consequently may pay a higher purchase price. With many cities allowing vacation rental conversion and the increasing popularity of web sites like AirBnB; allowing anyone to turn any space into a hotel, you can create multiple short term rentals with higher asking rates. Plus fewer and fewer triplexes and apartment buildings are being built in California, creating higher demand for a limited supply.


Overall, knowing that the mortgage may be less than the rental income from the other units, it can be a win-win situation, allowing you to own a home and be an investor at the same time. When investing in triplexes, fourplexes, duplexes and commercial apartment buildings, you will have greater control over who your tenants are and the maintenance of the building if you reside there.


Owning a triplex has a number of unique advantages to consider.



1. Triplexes Can Be Affordable

Many triplexes are located in affordable neighborhoods. If you can’t afford the home you want in an expensive neighborhood, a triplex in a less expensive area may put you on the fast track to buying a home. In addition, you receive rental income, which makes the home even more affordable.


2. You Get Help with Your Mortgage

From a homeowner’s perspective, buying a triplex can be especially appealing because you can live in one area of the building and collect rent from the tenants living in the other areas. This makes it easier to pay off your mortgage. By renting out the other parts of a triplex, you could pay off your mortgage faster by making larger payments each month. This is one of the most appealing aspects to buying a triplex for sale.


3. You Can Rent to a Family Member

If you have elderly family members or family members with health challenges who need extra care or limited supervision, you can allow them to rent the extra apartment in lieu of moving into a nursing home. This sort of living situation works well for many families. You can have your beloved family members close, allowing them to maintain their independence, and everyone get the privacy they need.


Hiring a property manager can also help you control owner/ landlord expenses and if necessary can guide you through the tricky Section 8 and the sometimes unavoidable eviction process. We have many triplexes, duplexes, fourplexes, and commercial apartment buildings without rent control, with on-site laundry, parking and separately metered utilities. Invest with us and request more information about the historical CAP Rates for your next triplex in cities of your choice and ask about the GRM (Gross Rent Multiplier) for specific listings.


Information gathered from Wikipedia, zillow.com, moneycrashers.com