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Listed by Danial Yasrebi • Realty One Group West
$ 3,075,000
Est. payment /mo
Active
1805 S New England ST Los Angeles, CA 90006
6,607 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25032206
Originating Board California Regional MLS
Year Built 2021
Lot Size 6,607 Sqft
Property Sub-Type Fourplex
Property Description
Prime Investment Opportunity Near USC! Exceptional multi-unit property featuring four spacious units-three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space. This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand. With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Washer, Dryer
Exterior
Garage Spaces 8.0
Pool 31, None
Roof Type Flat / Low Pitch
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 5056016018
Special Listing Condition Not Applicable
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