1718 S New England ST Active

Los Angeles,CA 90006

$ 1280000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW23228656

Year Built 1902

Lot Size 7,940 Sqft

Property Description

Welcome to 1718 S New England, a renovated fourplex boasting good cash flow, situated in the Pico-Union neighborhood. This property offers the flexibility of arriving fully leased at market rates. This property sits on a spacious LARD1.5 lot spanning 7,937 square feet. Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants. The unit configuration comprises two (2) 2 bedroom, 1 bathroom units (currently leased at $2,300 & $2,000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1,350 & 1,300). These units boast numerous updates, such as new stainless steel appliances, laminate flooring, granite countertops, recessed lighting, tankless water heaters, double-paned windows, and recently installed electric panels for units 1722 and 1722 1/2.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LARD1.5

Interior

Flooring Laminate,Tile

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Curbs,Street Lights,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N Yes

View Neighborhood

Building

Lot Description Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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