1805 S New England Street, Los Angeles, CA 90006

$3,300,000

Listing courtesy of Listing Agent: Danial Yasrebi (danialyas@gmail.com) from Listing Office: Realty One Group West.

List Price
$3,300,000
Status
ACTIVE
Days on Market
25
MLS#
OC24092010
Subtype
Residential Income
Style
Modern
Year Built
2021
Lot Size
6,605
Acres
0.15
MLS Area Major
Mid Los Angeles (C16)

Property Description

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.

Additional Information

Interior Features
Balcony, Open Floorplan, Recessed Lighting, Walk-In Closet(s)
Property Description
Modern
Zoning
LARD1.5
Flooring
Laminate, Tile
Appliances
Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Heating
Central
Air Conditioning
Yes
Stories
Three Or More Levels
Levels
Three Or More
Roof
Flat
Pool Type
None
Parking Features
Private, One Space
Garage Spaces
3
View
Neighborhood

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.