$1,675,000
Presenting a rare newly constructed & fully remodeled triplex in South Los Angeles. Three separate income-producing units totaling 3,054 SF with $11,000/month gross scheduled income and a 5.73% cap rate. Unit 1 (Front House): spacious 2-story, 5BD/4BA, 1,384 SF, fully remodeled with all-new plumbing, electrical, and finishes 2 parking spaces, market rent $4,400/mo. Unit 2 (Middle ADU): brand-new 2-story 3BD/3BA, 955 SF, constructed from the ground up currently occupied at $3,800/mo with lease in place, 1 parking space. Unit 3 (Back House): fully remodeled single-story 2BD/2BA, 715 SF, expanded with a 206 SF addition market rent $2,800/mo. All units feature new plumbing and electrical throughout. Low-maintenance hardscape pavers and artificial turf. Tenants pay all utilities except water. Turnkey asset no deferred maintenance. Minutes from Downtown LA, BMO Stadium, LA Memorial Coliseum, and major freeway corridors (I-110/I-10/I-105). Strong South LA rental demand with limited competing supply. Do not disturb occupants contact listing agent to schedule showing.
Click to interact with map
Listed by Karl Markarian with Exp Commercial of California, Inc.
Property Type
Residential Income
Status
Active
MLS Number
26663643
Year Built
1908
Lot Size
5,297 sq ft