REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

David Burchell

david@burchellhometeam.com +1(559) 234-2579

$2,099,999

Est. payment - /mo

6 Beds

5 Baths

3,557 SqFt

Save

Open House

Sun Oct 18, 2:00pm - 5:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,557 sqft

Price per Sqft $590

MLS Listing ID 26942437

Bedrooms 6

HOA Y/N No

Year Built 1942

Lot Size 6,216 Sqft

Property Description

1031 EXCHANGE & INVESTOR OPPORTUNITY! Turnkey, fully renovated four-unit property in Mid-City Los Angeles, delivered 100% VACANT and ready for immediate lease-up at current market rents no inherited tenants and no tenant displacement. The property consists of a triplex featuring a 2BD/2BA, 2BD/1BA and 1BD/1BA, plus a permitted 1BD/1BA ADU. Extensive renovations include new roof and gutters, new electrical and plumbing systems, new HVAC, tankless water heaters, stainless steel appliances, restored original hardwood floors, new concrete driveway and backyard, and quality finishes throughout. Projected rents total $13,700/month / $164,400 annually. Offered at $2,099,999, representing a projected 12.77 GRM and 7.83% gross rental yield. An exceptional replacement-property opportunity for 1031 exchange buyers, investors, or an owner-user seeking income potential. Four legal units + turnkey condition + vacant delivery = immediate control of your investment from Day One. Buyer to independently verify all information, including permits, unit configuration, square footage, projected rents and financial performance.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Central

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5084032026

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Christine Canillas Ashby & Graff #02047417

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

David Burchell

+1(559) 234-2579

Team Leader & Realtor License ID: #02033130

1208 S Cochran AVE Los Angeles, CA 90019

David Burchell

Open House

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION