See all 8 photos
$1,280,000
Est. payment /mo
6 BD
2,211 SqFt
Active
1718 S New England Street Los Angeles, CA 90006
UPDATED:
10/31/2024 07:53 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,211 sqft
Price per Sqft $578
MLS Listing ID CRPW23228656
Bedrooms 6
HOA Y/N No
Year Built 1902
Lot Size 7,939 Sqft
Acres 0.18
Property Description
Welcome to 1718 S New England, a renovated fourplex boasting good cash flow, situated in the Pico-Union neighborhood. This property offers the flexibility of arriving fully leased at market rates. This property sits on a spacious LARD1.5 lot spanning 7,937 square feet. Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants. The unit configuration comprises two (2) 2 bedroom, 1 bathroom units (currently leased at $2,300 & $2,000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1,350 & 1,300). These units boast numerous updates, such as new stainless steel appliances, laminate flooring, granite countertops, recessed lighting, tankless water heaters, double-paned windows, and recently installed electric panels for units 1722 and 1722 1/2.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Flooring Laminate, Tile
Fireplace No
Laundry No Hookups
Exterior
Utilities Available Sewer Connected
View Y/N true
View Other
Total Parking Spaces 6
Building
Lot Description Other
New Construction No
Others
Tax ID 5056014017
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Listed by Daniel Jung • Priming Capital Realty