Income-Generating Property with 3 Units & Paid-Off Solar Panels! Welcome to 1837 N Brighton, a rare investment opportunity featuring a beautifully remodeled main home and two additional units, perfect for multi-generational living or rental income. Nestled in a quiet neighborhood with great neighbors, this property offers modern upgrades, private outdoor spaces, and excellent rental potential. Main Home: 1837 N Brighton. Remodeled in 2021: 4 Bedrooms | 3 Bathrooms | 1,525 square feet. This spacious home features an open floor plan with contemporary finishes, a remodeled kitchen, and ample natural light. The private yard provides plenty of space for family or pets to enjoy. Currently rented to a respectful paying tenants. Month-to-month lease. Converted Garage Jr ADU: 1837 N Brighton #101. New Construction 2022 | 1 Bedroom | 1 Bathroom | 432 sq ft. A well-designed space with a functional layout, modern appliances, and a separate entrance. Currently rented to a respectful, on-time tenant. Stand-Alone Front House: 1839 N Brighton. New Construction 2022 | 3 Bedrooms | 2 Bathrooms | 995 sq ft. Includes Paid-Off Solar Panels. This newly constructed unit boasts high-end finishes, a spacious living area, and a private yard, perfect for relaxation or entertaining. The paid-off solar panels help reduce energy costs, making this home both eco-friendly and cost-efficient. Currently operating as a 30-day furnished rental.
The income description goes here to explain
List Price | $1,949,999 |
Property Type | Triplex (3-units) |
Usable Sqft | 2,952 |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 1979 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 2462002037 |
MLS # | 25500333 |
Property ID | 321285016 |
Lot Sqft | 7,097 |
Zoning | BUR1* |
Total Units | 3 |
Days on Market | 11 |
Original List Price | $1,949,999 |
Date Updated | February 19, 2025 |
Date Created | February 10, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | 4 | 3.00 | $3,670 | $4,000 |
Unit #2 | 1 | 1.00 | $2,100 | $2,200 |
Unit #3 | 3 | 2.00 | $6,700 | $6,700 |
Gross Income (Yr) | $ 150,000 |
Operating Expenses | $ 38,620 |
Net Income (Yr) | $ 121,351 |
Cap Rate | 6.20% |
Erika De Leon an agent of . Lic #02174115
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT