$86,052 a YEAR: 12.29% GROSS RENT INCOME PROPERTY Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent paid by LA COUNTY HOUSING OFFICE. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. High Cash Flow and Upside to add 1 more unit.
The income description goes here to explain
List Price | $700,001 |
Property Type | Triplex (3-units) |
Usable Sqft | 2,041 |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1941 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 3134030015 |
MLS # | 22129453 |
Property ID | 295399458 |
Lot Sqft | 8,852 |
Zoning | LRR2* |
Total Units | 3 |
Days on Market | 1,012 |
Original List Price | $700,000 |
Date Updated | November 25, 2024 |
Date Created | February 19, 2022 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | 3 | 1.00 | $3,000 | $3,000 |
Unit #2 | 1 | 1.00 | $2,191 | $2,300 |
Unit #3 | 1 | 1.00 | $1,980 | $2,300 |
Gross Income (Yr) | $ 86,052 |
Operating Expenses | $ 10,000 |
Net Income (Yr) | $ 76,400 |
Cap Rate | 8.57% |
Jason Hurst an agent of . Lic #02067523
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT