$998,000
Los Angeles, CA 90062
5
Beds
3
Baths
2,263
Sq. Ft.
1911
Year Built
Los Angeles
County
ResidentialIncome
Property Type
Seller will consider buying down interest rate to approximately 4.5% for the first year! Great updated investment opportunity near USC! Well-maintained triplex zoned LARD1.5 offering a strong 5.7 % Cap Rate with additional rent upside potential. The property features two spacious 2-bed / 1-bath units and one 1-bed/1 bath unit. Significant upgrades completed within the last 3 years include newer flooring, newer kitchens and bathrooms, fresh interior paint, new water heaters, plumbing improvements, waste line replacement, and one new wall heater. Current rents provide stable income with the opportunity to increase returns through market rent adjustments and continued unit optimization. Ideal for both seasoned and 1031-exchange investors seeking value-add potential in a high-demand rental area.
$5,312/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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