A MUST SEE INVESTMENT PROPERTY WITH A SFR IN THE BACK AND A DUPLEX IN THE FRONT, EACH WITH THEIR OWN WATER METER, GARAGE, AND LAUNDRY AREA. This Triplex has been renovated with new kitchens, modern bathrooms, hard wood floors, custom track lighting, double pane windows, and new water heaters.. The down stairs unit has a basement area with laundry area, original hardwood, crown molding, and ceiling fans. Property is adjacent to public schools. THIS PROPERTY IS CURRENTLY RENTED UNDER AIR B AND B YIELDING OVER $9,300 A MONTH + $986 PER MONTH WITH A MONTH TO MONTH TENANT WHO WILL VACATE AT THE CLOSE OF ESCROW.Market rents are $2,400 for unit one ( 3 bed 2 bath); $2,200 for the unit two (2 bed, 1 office/loft 1 bath); $2,000 for unit three (2 bed, 1 toddler/baby room, 1 bath) totaled $6,800 per month cash flow. Currently two of the units do not have leased tenants and are being leased as an Air B&B property with over $9,500 a month in rents just from the Air B&B. August invoice from Air B&B available. If a new buyer runs this property as an Air B and B for all three units, projected revenue will be over $12,000 a month with current Air B&B market strategy.
Laundry: Area, Dryer Included, Gas & Electric Dryer Hookup, Washer Included
Appliances: Convection Oven, Dishwasher, Garbage Disposal, Gas Oven, Gas Stove, Microwave
Has Basement: yes
Is New Construction: No
Construction: Drywall Walls
Water Source: Public
Parking Description: Garage
Has Garage: yes
Garage Spaces: 3
Parking Spaces: 9
Has a Pool: No
Pool Description: None
Lot Description: 2-5 Units/Acre
Lot Size in Acres: 0.161
Approximate Size (Sq. Ft.): 3, 459
Lot Size in Sq. Ft.: 7, 011
Has View: yes
View Description: Mountain
School District: Los Angeles Unified
Property Type: SFR
Property SubType: Triplex
Year Built: 1922
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2017-10-17 00:00:00.0
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Catheryn Tran Allicate Realty,Inc. - CA BRE # shown above if in IDX data
"Zach and Cherrie are absolutely incredible at what they do. This was our fourth home purchase, and it was from 450 miles away. It was by far the smoothest and most fun transaction of them all. Zach was always at..."