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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,890,000

Est. payment - /mo

5,323 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26020639

Construction Status Building Permit,Turnkey

HOA Y/N No

Year Built 2024

Lot Size 5,323 Sqft

Property Sub-Type Triplex

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

Area C37 - Metropolitan South

Interior

Interior Features Quartz Counters

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer

Laundry Inside

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Wood, Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 10

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Building Permit,Turnkey

Others

Senior Community No

Tax ID 6040006023

Acceptable Financing Cash to New Loan

Green/Energy Cert Solar

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by LOU WU LOU EDWARDS FINANCIAL INC. 949-870-2882, DRE #02154371

NEARBY SCHOOL & BUSINESS

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236 W 84th Los Angeles, CA 90003