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Listed by LOU WU, DRE #02154371 • LOU EDWARDS FINANCIAL INC.
$1,679,000
Est. payment /mo
5,321 Sqft Lot
Price Dropped by $211K
236 W 84th Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26020639
Style Contemporary
Year Built 2024
Lot Size 5,321 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
NEWLY BUILT IN 2024, NOT SUBJECT TO RENT/EVICTION CONTROL, FULLY LEASED AT NEAR MARKET RENTS, NEAR USC, ALL UTILITIES SEPARATELY METERED AND PAID BY TENANTS WITH FULLY PAID OFF SOLAR TO ASSIST THEM!!! THIS CASHFLOWING THREE UNIT HAS GOOD TENANTS AND PLENTY OF PARKING. CONSISTING OF TWO FIVE BEDROOM THREE BATH UNITS AND ONE THREE BEDROOM 1 BATH UNIT FOR ALMOST 4000 SQFT OF LIVING SPACE! EACH 5/3 UNIT HAS 2 COVERED PARKING SPACES WHILE THERE IS AMPLE UNCOVERED PARKING ON THIS WELL DESIGNED LOT. CURRENT CAP RATE OVER 6.2% CALCULATED ON NEW PURCHASE PRICE WITH A PRO FORMA CAP RATE OF 7.48!! PERFECT PROPERTY FOR THE SET-IT AND FORGET IT INVESTOR AS YOU DON'T HAVE TO WORRY ABOUT DEFERRED MAINTENANCE ISSUES!! THIS IS A RENTAL GEM!
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Rooms
Kitchen Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other, Washer, Dryer
Exterior
Parking Features Garage
Garage Spaces 10.0
Pool 31, None
Building
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 6040006023
Special Listing Condition Not Applicable
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