$1,199,999
Pending

3727 S LA SALLE Avenue

Los Angeles, CA 90018
Courtesy of KW Advisors
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Description

Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Gross Income $89,310. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $19,377. NOI $69,933. GRM 13.44. Cap Rate 5.80%. Unit #3733 (3BD+1BA) rented at $2350/month. Unit #3727 rented at $2472/month (2BD+1BA) may be delivered vacant. Unit #3735 rented at $2420.50/month (3BD+1BA). Garage rented for additional $200/month. Tenants pay all utilities. Super low expenses.Close to Expo Line, USC and West Adams. This will not last!
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  • Interior Details
    • Beds & Baths
      • Bathrooms:3
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.1707
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1922
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 350, 000
      • Selling office_commission:2.500
  • Other
    • Source
      • MLS #:22142107

Location

Team SkulickReal Estate Group
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