Close to so many Hot spots in Los Angeles, this Fully Occupied Triplex with a Highly Desirable CAP RATE of 5.675% nests at the Top of a Hill with a view of Downtown Los Angeles and the Hollywood sign. West City Terrace/North Boyle Heights/below i10 freeway in a gem of a neighborhood. This INCOME INVESTMENT OFFERS 3 fully occupied units. There is a bonus unoccupied basement below the house that used to be a **4th Unit and can possibly be converted back to (4 UNITS). This **TWO ON A LOT** TRIPLEX ** generates a Gross Scheduled income of $59,400.00 and has a NOI (NET OPERATING INCOME) of $45,400.00 with expenses that include Water $2,100, Insurance $1,900, and New Taxes totaling( $10,000) = $14,000 EXPENSES ) BENEFITS of SECTION 8: Guaranteed Payments, Lower Vacancy Rates, Steady Income, Long-Term Stability. PAID ON TIME. 5 BED | 3 BATHS ON Title. 2 Beds in main house, 2, 1 bed 1 baths in duplex each unit has washer dryer hookup.
Sold for $825,000
Zillow last checked:
Listing updated:
Bought with:
Steven Pacheco, DRE #02039318
EXP REALTY OF CALIFORNIA INC
Source: CRMLS,MLS#: CV24048715
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 5/7/2024 | Sold | $825,000+3.1%$378/sqft |
Source:  CRMLS #CV24048715 Report a problem | ||
| 3/23/2024 | Pending sale | $799,888$366/sqft |
Source: CRMLS #CV24048715 Report a problem | ||
| 3/11/2024 | Listed for sale | $799,888$366/sqft |
Source: CRMLS #CV24048715 Report a problem | ||
Nearby homes
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$883,800
