Los Angeles, CA 90006,1805 S New England Street
Los Angeles, CA 90006,1805 S New England Street
Los Angeles, CA 90006,1805 S New England Street
27
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$3,250,000
Est. payment /mo
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20 BD
7,719 SqFt
Active

1805 S New England Street Los Angeles, CA 90006

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UPDATED:

09/20/2024 09:49 PM

Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 7,719 sqft

Price per Sqft $421

MLS Listing ID CROC24092010

Bedrooms 20

HOA Y/N No

Year Built 2021

Lot Size 6,605 Sqft

Acres 0.15

Property Description

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplace No

Laundry Dryer, Washer

Exterior

Exterior Feature Other

View Y/N true

View Other

Parking Type Other, Private

Total Parking Spaces 8

Building

Lot Description Other, Landscape Misc

New Construction No

Others

Tax ID 5056016018


Bridge MLS
Listed by Danial Yasrebi • Realty One Group West

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1805 S New England Street