Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1931
Sq.Footage
N/A
Cash machine! Attractive triplex in peaceful area near Leimert Park. Sale price $599,000, GSI = $53,460, GRM = 11.20, Cap Rate = 8.21. Amazing low expenses due to Seller upgrades and value add. All three of the units have been completely rehabbed, with new floors, granite countertops, kitchen cabinets, carpets, doors, bathrooms, baths, sinks, and more. The jewel in the crown is the 2BD/1BA Craftsman style front house, which has been renovated to replicate the original interior architecture. FRONT UNIT TO BE DELIVERED VACANT OR RENTED! Stable, long-term tenants (1+ years). Exceptionally low monthly costs and tenants pay ALL utilities. 200 sq. foot bonus room and washer/dryer located in front unit. Expanded driveway. Major landscaping (includes conversion to complete drought-tolerant pants and top of the line artificial turf resulting in considerable water savings). Driveway gate. Private patio with each unit. Side yard for BBQ. On-site parking for 3 cars or more. This is a cash cow!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Fireplace YN
YES
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1136
-
Property Type
Residential Income
-
Architectural Style
Craftsman
Price
-
Sales Price
$599,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Andrew Watkins , Keller Williams Realty Pacific
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