1718 S New England Street
Los Angeles, CA, 90006
$1,280,000
Beds
0 Baths
SqFt
0.18 Acres
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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.

Property Details

Price:
$1,280,000
MLS #:
PW23228656
Status:
Active
Baths:
0
Address:
1718 S New England Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
Feb 26, 2024
State:
CA
ZIP:
90006
Lot Size:
7,939 sqft / 0.18 acres (approx)
Year Built:
1902
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Schools

Interior

Appliances
Gas Range
Fireplace Features
None
Flooring
Laminate, Tile

Exterior

Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Level with Street
Parking Spots
6.00
Pool Features
None
Security Features
Automatic Gate
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map

Community

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Rover IDX
1718 S New England Street
Los Angeles, CA