This multi-family property compromises 3 units. Front is a duplex with 1 bedroom and 1 bath each. In rear is 3 bedrooms with 1 bath, it is a 2-story building, 2 bedrooms and 1 bath is for upstairs and another 1 bedroom is downstairs. Prior to current seller purchased the… Read More subject property, it was rent 1 bedroom downstairs, Seller has a court dated on October 9th,24 for eviction to correct and follow the city code and permit to make it legalized and it can be 4 units later. Great opportunity to own this well-maintained Triplex. It considers centrally located for your next investment adventure. Fully occupied with long-term tenants and from all receipts showed all rents were paid on time. It has 3 meters for gas and 3 meters for electric. Tenants paid gas and electric bills, whereas owner pays for water, sewer, garbage. Residents can easily walk to main street (Olympic Blvd.), close to all transportation, restaurant and dining options, shopping destinations, convenience to tenants. This property situated on almost 4,852 Sqft.lot size. The levels space in rear is a private area for all to enjoy, low maintenance. It has a long driveway for parking. Easy access to FWY 710 North. Building in rear has potential for development of additional units, buyer(s) to investigate with City Code and Permits requirement. Read Less
Property listed by RE Counselors Inc, Toi Cha-Umpluke 213-494-1282
Built in 1928, Building area total: 1,742, Levels: One, Two, 1 story, 2 buildings, Architectural style: SeeRemarks, Traditional, Attached, Common walls: TwoCommonWallsOrMore
Community
Sidewalks
Cooling
None
Expenses
Insurance expense: $3,444, Operating expense: $2,200, Water sewer expense: $226
Fence
Brick, FairCondition
Fireplaces
Kitchen, LivingRoom, None
Floors
Laminate
Garage
4 spaces
Heating
Electric, WallFurnace
Income
Gross income: $60,804, Net operating income: $58,604
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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