Income Home for Sale in Los Angeles, California

1805 S New England Street, Los Angeles, California 90006, US

$ 3,250,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 3,250,000
  • MLS ID: OC24092010
  • Property Type: Income Home
  • WEB ID: PR02870078
  • Property Status: Active
  • Lot Size: 7,509sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 3,250,000
  • MLS ID: OC24092010
  • Property Type: Income Home
  • WEB ID: PR02870078
  • Property Status: Active
  • Lot Size: 7,509sqft
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.

Additional Features

  • New Condition
  • Central
  • Landscaped
  • Level with Street
  • Sprinklers Drip System
  • Three Or More
  • Neighborhood
  • Parking spaces: 8.00
  • Listing Status: Active
  • Listing Agent: Danial Yasrebi (lic# 01916324) of Orange County
  • Listing Office: Realty One Group West (lic# 01896421)
  • Based on information from CRISNet MLS as of 10th December 2024 at 9:25am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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