CA > Los Angeles
Los Angeles, CA 90006,1805 South New England Street
Los Angeles, CA 90006,1805 South New England Street
Los Angeles, CA 90006,1805 South New England Street
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Listed by Danial Yasrebi • Realty One Group West
$3,250,000
Est. payment /mo
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7,719 SqFt
Active

1805 South New England Street Los Angeles, CA 90006

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Ryan Mills

Ryan Mills

+1(805) 491-4611

UPDATED:

11/11/2024 04:17 AM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,719 sqft

Price per Sqft $421

MLS Listing ID OC-24092010

Style Modern

Year Built 2021

Lot Size 6,605 Sqft

Property Description

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Interior Features Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None, Gas

Laundry Dryer Included, Washer Included

Exterior

Parking Features Parking Space, Private

Garage Spaces 3.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Water Available, Electricity Available

View Y/N Yes

Building

Lot Description Landscaped, Level with Street, Sprinklers Drip System

Sewer Public Sewer

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Ryan Mills

REALTOR® | License ID: 01434392

+1(805) 491-4611

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1805 South New England Street