3429 Percy Street

Description

Turn-Key! Cash Flowing! Fully Occupied! Unique in-trend investment opportunity located on a quiet cul de-sac on Percy Street in the heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 8-Plex consisting of three Duplexes + two Modern 1 Bed 1 Bath ADU's built in 2023 with circular staircases leading tenants up to their own private rooftop balcony! Interiors of the 3 Bed 2 Bath duplexes are designed with an open floor plan with high ceilings, showroom kitchen and finishes, upper unit private balcony with city views. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are professionally landscaped, gated, and secured. Above average Cap Rate in LA of 7.53 % with an immediate $23,011/mo Annual Gross Income of $276,132. Additional photos/info visit: LiveOnPercy.com

Listing information courtesy of: Crystal Hayes, Christie's International Real Estate SoCal . *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 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.