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$1,890,000
Est. payment /mo
13 Beds
7 Baths
5,321 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26020639
Bedrooms 13
Lot Size 5,321 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
NEWLY BUILT IN 2024, NOT SUBJECT TO RENT/EVICTION CONTROL, FULLY LEASED AT NEAR MARKET RENTS, NEAR USC, ALL UTILITIES SEPARATELY METERED AND PAID BY TENANTS WITH FULLY PAID OFF SOLAR TO ASSIST THEM!!! THIS CASHFLOWING THREE UNIT HAS GOOD TENANTS AND PLENTY OF PARKING. CONSISTING OF TWO FIVE BEDROOM THREE BATH UNITS AND ONE THREE BEDROOM 1 BATH UNIT FOR ALMOST 4000 SQFT OF LIVING SPACE! EACH 5/3 UNIT HAS 2 COVERED PARKING SPACES WHILE THERE IS AMPLE UNCOVERED PARKING ON THIS WELL DESIGNED LOT. CURRENT CAP RATE OVER 6.2% CALCULATED ON NEW PURCHASE PRICE WITH A PRO FORMA CAP RATE OF 7.48!! PERFECT PROPERTY FOR THE SET-IT AND FORGET IT INVESTOR AS YOU DON'T HAVE TO WORRY ABOUT DEFERRED MAINTENANCE ISSUES!! THIS IS A RENTAL GEM!
Location
State CA
County Los Angeles
Zoning Assessor
Direction 110S EXIT MANCHESTER. MANCHESTER/BROADWAY
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6040006023
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Listed by LOU WU, DRE#02154371 LOU EDWARDS FINANCIAL INC.
Nearby Locations
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