236 W 84th, Los Angeles, CA 90003

$1,679,000

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List Price
$1,679,000
Price Change
▼ $211,000 1784112928
Status
ACTIVE
MLS#
WS26020639
Year Built
2024
Lot Size
5,321
Acres
0.12
Lot Location
Rectangular Lot
Days on Market
175
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Triplex
Stories
Two Levels

Property Description

NEWLY BUILT IN 2024, NOT SUBJECT TO RENT/EVICTION CONTROL, FULLY LEASED AT NEAR MARKET RENTS, NEAR USC, ALL UTILITIES SEPARATELY METERED AND PAID BY TENANTS WITH FULLY PAID OFF SOLAR TO ASSIST THEM!!! THIS CASHFLOWING THREE UNIT HAS GOOD TENANTS AND PLENTY OF PARKING. CONSISTING OF TWO FIVE BEDROOM THREE BATH UNITS AND ONE THREE BEDROOM 1 BATH UNIT FOR ALMOST 4000 SQFT OF LIVING SPACE! EACH 5/3 UNIT HAS 2 COVERED PARKING SPACES WHILE THERE IS AMPLE UNCOVERED PARKING ON THIS WELL DESIGNED LOT. CURRENT CAP RATE OVER 6.2% CALCULATED ON NEW PURCHASE PRICE WITH A PRO FORMA CAP RATE OF 7.48!! PERFECT PROPERTY FOR THE SET-IT AND FORGET IT INVESTOR AS YOU DON'T HAVE TO WORRY ABOUT DEFERRED MAINTENANCE ISSUES!! THIS IS A RENTAL GEM!

Additional Information

Appliances
Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Quartz Counters
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$144,840
Operating Expense
26569

Listing courtesy of Listing Agent: LOU WU (lou@lou-edwards.com) from Listing Office: LOU EDWARDS FINANCIAL INC..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.