$630,000
$665,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
5,118 Sqft Lot
SOLD DATE : 09/29/2022
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB22180854
Sold Date 09/29/22
HOA Y/N No
Year Built 1916
Lot Size 5,118 Sqft
Property Sub-Type Triplex
Property Description
Triplex located in South LA consist of a 3 bedroom 2 bath house generating $1,421 a month in rent and a separate 2 story building with a 2 bedroom 1 plus a bonus room and 1 bath that generates $1390 in rent and a 1 bedroom 1 bath that provides $927 a month in rent . Total sq ft of Living space is 2788! on a lot size of 5120 , these are Large Units that have the potential to be rented out at Market Rent for a Total of $6888 of rental Income per month ! Great Investment as a 1031 Exchange Up-leg and or a Buy and Hold Investment . Three separate electric and gas meters and Seller only pays water and sewer and Each unit has interior Laundry hook ups and very low maintenance required on these 2 Structures. Front Building features a Spanish style look while the separate 3 Bedroom House at rear shows as a Contemporary Home. Located between Gage and Florence near transportation , the 110 Freeway and min. away from Downtown La , Crypto Arena, USC and Banc of California Stadium
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Assigned
Pool None
Community Features Street Lights, Sidewalks, Urban
Roof Type Composition,Mixed
Private Pool No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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