Description

Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! This triplex offers a CAP Rate upwards of 7.4%! Additional BONUS of at least 95% upside in rents! Great value add opportunity. Zoned RD2. Endless possibilities. Fix and flip / lease up or Park your 1031 Exchange. Convert garages to ADUs for additional income or explore the full re-development route and take advantage of the One Big Beautiful Bill that brings back 100% bonus depreciation! All 3 units are separately metered for gas and electric. Tenants pay for all utilities except water/sewer. New flooring and new paint in unit 1625. Copper plumbing throughout the property. Perfect for owner user or get your own tenant at market rent! This property is gated for privacy and is priced to sell! Conveniently located close to schools, SoFi Stadium, Intuit Dome, Forum, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Long-term tenants in good standing. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Property will be delivered with existing tenants and one unit available to lease up. Download the OM Package to obtain more info. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy themselves on ALL aspects of the property.