***Lowest-priced triplex currently on the market in Los Feliz*** Located in one of the most walkable pockets of LA, 4533 Ambrose presents a rare and compelling opportunity to own a Spanish-style triplex in prime Los Feliz. Tucked among palm-lined streets and just steps from Hillhurst and Vermont Avenues, this property sits at the epicenter of LA's creative class... an area home to iconic eateries, hyper-local boutiques, and independent cafes. It's also less than a mile from Barnsdall Art Park and Griffith Park, home to trails, the Observatory, and the Greek Theatre, and just 1.5 miles from Silver Lake's Sunset Junction. The triplex exudes innate charm with terracotta steps, mature landscaping, and character-rich architecture that resembles LA's 1920s golden era. Each unit has a private entrance and a sense of autonomy, making it ideal for owner-users or investors looking for strong tenant appeal. Built in 1921, 4533 Ambrose consists of (3) 1-bdrm. and 1-bath units (almost 800 SF each) that are separately metered for gas and electricity. These units present approx. 40% rental upside, compared to renovated units in the area. Property amenities include an in-unit washer and dryer, and a 2-car garage. With its incredible location, authentic architectural appeal, and a price point that makes it the lowest-priced triplex currently on the market in Los Feliz, 4533 Ambrose stands out as an actual entry-point investment in one of LA's most storied and sought-after enclaves.