1805 S New England ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24092010
Year Built 2021
Lot Size 6,603 Sqft
Property 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Fireplaces Type Gas,None
Exterior
Garage Private,One Space
Garage Spaces 3.0
Garage Description 3.0
Fence New Condition
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Electricity Available,Water Available
View Y/N Yes
View Neighborhood
Roof Type Flat
Building
Lot Description Drip Irrigation/Bubblers,Landscaped,Street Level
Story 3
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard