Property listed by Ivy Realty Co., Ki Seon Im 213-386-8888
$1,390,000
A rare opportunity to own an upgraded triplex in a quiet yet centrally located Los Angeles neighborhood. This well-maintained income property has been tastefully remodeled, including updated kitchens and bathrooms, and offers excellent access to Downtown LA, West LA, Beverly Hills, and major freeways such as the 10 and 110.The… Read More gated property consists of three units, including a spacious front unit and two rear units. The front unit features 3 bedrooms and 2 bathrooms, a private gated front yard, and a cozy porch. The two rear units each offer 2 bedrooms and 1 bathroom with separate side entrances along the driveway, providing added privacy and convenience for tenants. Each unit is equipped with its own washer and dryer. The two-story units were added in the late 1980s, per seller. All units have been remodeled and are well maintained. The property includes six designated on-site parking spaces, along with additional usable parking areas within the property, offering ample parking for occupants and guests. The current gross rental income is approximately $7,899 per month ($94,788 annually), with strong upside potential for future rent increases. This is a solid investment opportunity in a strong rental market. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
7
Square Ft.
2,763
Lot Size
0.17 Acres
Year Built
1910
MLS Number
26641079
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1910, Living area: 2763.0, 2 buildings, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $94,788
Lot
0.1721 acres
Parking
6 total parking spaces, Assigned, Gated, SideBySide
Pool
None
Taxes
Parcel Number: 5060022020, Zoning: LARD2
Tenant Pays
Electricity, Gas
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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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