1805 S New England Street , Los Angeles, CA 90006
Los Angeles, CA 90006
Description
Prime Investment Opportunity Near USC! Exceptional multi-unit property featuring four spacious unitsthree with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space. This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand. With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Details
| MLS# | OC25032206 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 66 |
| Listing Provided By | Realty One Group West 949-783-2400 | Danial Yasrebi |
Features
| SQ Feet | 7,719 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.15 |
Market Activity 90006
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (In 90006) | |
Price: $3,075,000 low | high Med: $1,032,450 SqFt: 7,719 low | high Med: 2,942 $ / SqFt: $398 low | high Med: $351 On site: 66 low | high Med: 59.500000 | |