1805 S New England Street
Los Angeles, CA 90006
$50,000.00 (-1.52%)
Active for $3,250,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,605 sqft
| MLS | OC24092010 |
| Year Built | 2021 |
| Property Type | Townhouse |
| County | Los Angeles |
| Status | Active |
| Active | $3,250,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,605 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Danial Yasrebi, Realty One Group West . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Armen Mehrabi
REALTOR®
Direct: 818.970.6777
Email: Email Me
DRE: 01906662
DRE #01873088
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