Property listed by Exp Commercial of California, Inc., Karl Markarian
$1,675,000
Presenting a rare newly constructed & fully remodeled triplex in South Los Angeles. Three separate income-producing units totaling 3,054 SF with $11,000/month gross scheduled income and a 5.73% cap rate. Unit 1 (Front House): spacious 2-story, 5BD/4BA, 1,384 SF, fully remodeled with all-new plumbing, electrical, and finishes 2 parking… Read More spaces, market rent $4,400/mo. Unit 2 (Middle ADU): brand-new 2-story 3BD/3BA, 955 SF, constructed from the ground up currently occupied at $3,800/mo with lease in place, 1 parking space. Unit 3 (Back House): fully remodeled single-story 2BD/2BA, 715 SF, expanded with a 206 SF addition market rent $2,800/mo. All units feature new plumbing and electrical throughout. Low-maintenance hardscape pavers and artificial turf. Tenants pay all utilities except water. Turnkey asset no deferred maintenance. Minutes from Downtown LA, BMO Stadium, LA Memorial Coliseum, and major freeway corridors (I-110/I-10/I-105). Strong South LA rental demand with limited competing supply. Do not disturb occupants contact listing agent to schedule showing. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
10
Square Ft.
3,054
Lot Size
0.12 Acres
Year Built
1908
MLS Number
26663643
Additional Details
Building
Built in 1908, Living area: 3054.0, 3 buildings, Levels: MultiSplit, Construction Materials: Stucco
Cooling
CentralAir
Fireplaces
Bath, DiningRoom, FreeStanding, Kitchen
Heating
Central
Income
Gross Income: $132,000, Net Operating Income: $95,962
Lot
0.1216 acres
Parking
4 total parking spaces, Driveway, Garage, Tandem
Pool
None
Roof
Composition, Shingle
Taxes
Parcel Number: 5108003010, Zoning: LAR2
Tenant Pays
CableTv, Electricity, Gas, TrashCollection
Windows
DoublePaneWindows
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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