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Key Details
Sold Price $750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $520
MLS Listing ID 24395405
Sold Date 09/18/24
Bedrooms 3
HOA Y/N No
Year Built 1949
Lot Size 4,020 Sqft
Property Description
You will be hard pressed to find an income property in Los Angeles with this level cash flow @ a 7.7 cap rate you can't beat this deal. This triplex is fully remodeled boasting recessed lighting, wood floors, stainless steel appliances, gorgeous kitchens, and bathrooms. Although the rents are great they are not at it's full potential, the one bedrooms could easily be rented for 2400 a month. If you're looking for a great cash flowing buy and hold or looking to jumpstart your wealth by living in one of the units and renting out the others then you cannot afford to miss this deal. Gross Rents are 68000 per year!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer
Exterior
Garage Driveway
Parking Type Driveway
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6054023030
Special Listing Condition Standard
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Bought with Maria Cahuenas • Excellence RE Real Estate
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605