Property Detail

Description

Excellent value-add triplex opportunity in a strong Los Angeles rental market, just minutes from Downtown Los Angeles. It is conveniently located near SoFi Stadium, Target, Costco, and major highways 110 and 405. Property features a desirable unit mix of (1) Front detached 3-bedroom/2-bath house (currently vacant) on 2 levels with inside washer/dryer hookups, central HVAC, separate electricity and gas utilities -- ideal for owner-occupancy; (1) back-top 1-bedroom/1-bath unit with a balcony (tenant-occupied and paying), central HVAC, inside washer/dryer hookups, pays 50% of electricity and gas utilities; and (1) bottom studio unit with one bath, washer/dryer hookups, and air conditioner. This property is ideal for investors seeking upside through lease optimization and repositioning. Front 3-bedroom unit delivered vacant at close, offering immediate rental or owner-user potential. A long-term tenant in good standing currently occupies one unit. Studio unit presents additional upside potential (see agent remarks). Property to be sold as-is. Buyers to conduct their own due diligence regarding rents, expenses, and tenancy.