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Richard Chung

[email protected] +1(714) 865-3871

$ 3,250,000

Est. payment -/mo

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Price Dropped by $50K

1805 S New England ST Los Angeles, CA 90006

7,719 SqFt

UPDATED:

09/30/2024 06:01 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 7,719 sqft

Price per Sqft $421

MLS Listing ID OC24092010

HOA Y/N No

Year Built 2021

Lot Size 6,603 Sqft

Acres 0.1516

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

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Balcony, Open Floorplan, Recessed Lighting, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type Gas, None

Fireplace No

Appliance Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer

Exterior

Garage Private, One Space

Garage Spaces 3.0

Garage Description 3.0

Fence New Condition

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Water Available

View Y/N Yes

View Neighborhood

Roof Type Flat

Parking Type Private, One Space

Total Parking Spaces 8

Private Pool No

Building

Lot Description Drip Irrigation/Bubblers, Landscaped, Street Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5056016018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Danial Yasrebi • Realty One Group West • 949-303-8505

Richard Chung

Agent | License ID: 01899002

+1(714) 865-3871

Richard Chung

1805 S New England ST Los Angeles, CA 90006

Key Details

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Interior

Exterior

Building

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1805 S New England ST