Excellent Investment Opportunity! Fully occupied triplex offering immediate rental income in a prime Los Angeles location. This well-maintained income property features three 1-bedroom, 1-bathroom units, each with separate gas and electric meters, providing efficient utility management. The front unit has been remodeled, and the property offers long-term, stable tenants. Situated… Read More behind a gated front entry for added privacy and security, the property also includes a detached 2-car garage with outstanding ADU potential (Buyer to verify with the City of Los Angeles), creating an excellent opportunity for future value enhancement and increased rental income. Conveniently located just minutes from SoFi Stadium, Hollywood Park, Kia Forum, LAX, major shopping centers, dining, entertainment, and easy freeway access, this property is ideally positioned in one of Los Angeles' most active investment corridors. All tenants are currently on month-to-month rental agreements. Property is being sold subject to the existing tenancies. Buyer shall assume all existing tenancies at the close of escrow. Tenant security deposits and any prepaid rents, if applicable, will be transferred and credited to Buyer through escrow. Please do not disturb occupants. Read Less
Property listed by Neo Remarketing, Seyed Razavi 949-385-0780
Listing Snapshot
Days Online
10
Last Updated
Property Type
Triplex
Lot Size
0.15 Acres
Year Built
1938
MLS Number
OC26146811
Additional Details
Building
Built in 1938, 1 building, 1 storey, Levels: One, Entry level: 1, Entry location: Front
Community
StreetLights, Park
Cooling
None
Expenses
Insurance: $3,600, Operating: $11,860
Fireplaces
None
Garage
2 spaces
Heating
None
Income
Gross Income: $62,400, Gross ScheduledIncome: $62,400, Net Operating Income: $50,540
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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