Active
1805 S New England Street
Los Angeles CA, 90006
$3,250,000
Active
20 Beds
Multi-family
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.
OC24092010
MLSⓇ ID
May 21, 2024
Listed
November 22, 2024
Updated
Map
1805 S New England Street
Los Angeles CA, 90006
Interior Features
Total Stories
3
Bedrooms
20
Appliances
Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Curbs, Sidewalks
Other Property Details
Days on Market
138
Garage
No
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
Assessor
Listing History
Date | Event | Price |
|---|---|---|
9/20/2024 | Price change | $3,250,000 -2% |
Listed by Realty One Group West, Danial Yasrebi,
Listing Contact: 949-303-8505
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Data last updated 10:01 PM UTC, 11/22/2024
