1805 S New England Street
Los Angeles, CA, 90006
$3,250,000
Beds
0 Baths
SqFt
0.15 Acres
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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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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

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1805 S New England Street
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