Turn-Key! Cash Flowing! Fully Occupied! Unique in-trend investment opportunity located on a quiet cul de-sac on Percy Street in the heart of LA’s Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 8-Plex consisting of three Duplexes + two Modern 1 Bed 1 Bath ADU’s built in 2023 with circular staircases leading tenants up to their own private rooftop balcony! Interiors of the 3 Bed 2 Bath duplexes are designed with an open floor plan with high ceilings, showroom kitchen and finishes, upper unit private balcony with city views. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are professionally landscaped, gated, and secured. Above average Cap Rate in LA of 7.53 % with an immediate $23,011/mo Annual Gross Income of $276,132. Additional photos/info visit: LiveOnPercy.com
Property Details
Price:
$2,995,000
MLS #:
24442895
Status:
Active
Baths:
0
Address:
3429 Percy Street
Type:
Residential Income
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Sep 26, 2024
State:
CA
ZIP:
90023
Lot Size:
8,998 sqft / 0.21 acres (approx)
Year Built:
2017
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator, Range, Microwave
Heating
Forced Air
Interior Features
Cathedral Ceiling(s)
Exterior
Exterior Features
Rain Gutters
Lot Features
Landscaped, Rectangular Lot
Parking Features
Paved
Parking Spots
12.00
Pool Features
Fenced
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System, Automatic Gate, Smoke Detector(s)
Sewer
Other
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Gas, Electricity, Water, Trash Collection
Map
Community
- Address3429 Percy Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
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Courtesy of Christie’s International Real Estate SoCal. 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.
3429 Percy Street
Los Angeles, CA
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