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.
Property Details
Price:
$3,250,000
MLS #:
OC24092010
Status:
Active
Baths:
0
Address:
1805 S New England Street
Type:
Residential Income
Subtype:
Townhouse
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
May 6, 2024
State:
CA
ZIP:
90006
Lot Size:
6,605 sqft / 0.15 acres (approx)
Year Built:
2021
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Schools
Interior
Appliances
Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None, Gas
Flooring
Laminate, Tile
Heating
Central
Interior Features
Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
Window Features
Double Pane Windows
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Fencing
New Condition
Garage Spaces
3.00
Green Energy Efficient
Appliances
Lot Features
Landscaped, Level with Street, Sprinklers Drip System
Parking Features
Parking Space, Private
Parking Spots
8.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
Neighborhood
Financial
Utilities
Electricity Available, Water Available
Map
Community
- Address1805 S New England Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of Realty One Group West. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1805 S New England Street
Los Angeles, CA
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