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Key Details
Sold Price $1,780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21683868
Sold Date 04/09/21
HOA Y/N No
Year Built 2020
Lot Size 6,534 Sqft
Property Description
Brand new construction - No rent control - All units delivered vacant. This newly built, turn-key investment property is situated on a securely gated lot in close proximity to the 10 freeway, public transportation, DTLA and USC campus. 3 large units offer the savvy investor a unique opportunity to rent to students (USC campus less than a mile) or working professionals with roommates, or families. Two separate buildings with a large 2-story front house (1916) 4 bed+3.5 baths (2 bedrooms w/ensuite private bath) open floorplan, brand new kitchen with built-in SS appliances, washer/dryer hookups, front patio area, 2-car garage parking. The rear duplex (1912 & 1914) offers 3 Bed + 2 bath (lower unit) and 3 Bed + 3 bath (upper unit) open floorplans, private W&D hookups, new kitchen w/SS built-in appliances, and 2 open parking spaces each. Separately metered for G&E, tankless water heaters, central heat/AC, private patio areas for each. Strong positive cash flow potential for investors.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating Central, ForcedAir
Cooling CentralAir
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry Inside
Exterior
Parking Features DoorMulti, DetachedCarport, ElectricGate, Garage, GarageDoorOpener, SideBySide, Tandem, Uncovered
Garage Spaces 2.0
Garage Description 2.0
Pool None
Roof Type Composition,Shingle
Total Parking Spaces 2
Private Pool No
Building
Faces North
Story 2
Sewer Other
Architectural Style Contemporary
Others
Senior Community No
Tax ID 5058022037
Security Features CarbonMonoxideDetectors,FireSprinklerSystem,SecurityGate,SmokeDetectors
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Jimmy Kim • First Team Real Estate