Triplex For Sale in the heart of South Los Angeles. For more information contact the listing agents 310-666-2246 (agent) •arminsoleimani@gmail.com (agent) Listed by Julio Ruiz •DRE #01911261 • Global Platinum Properties, Inc.

1377 sq. ft.

Posted: 03/04/2024 6:22 am | On HOMEiZ: 69 days | Updated: 1 week ago | Views: 219

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$675000

Last Sold Price

$675000

Last Sold Date

04/22/2024

Total Finished Sq. Ft.

1377

Total Lot size

5,400 Sq. Ft.

Price per Sq. Ft.

$490

No. of Units

Multi-family (2-4 unit) 3 units

Unit #1 Total sq. ft.

No data beds:: 1 baths:: 1

Unit #2 Total sq. ft.

No data beds:: 1 baths:: 1

Unit #3 Total sq. ft.

No data beds:: 2 baths:: 1

Unit #4 Total sq. ft.

No data beds:: 0

Year built

1922

Overall Property Condition

Good

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$8438

HOA dues - $ per month

$ No HOA dues

Commission Split %

2.5%

Financing

This property can be financed

Conventional Loan

Yes

FHA Loan

Yes

VA Loan

Don't Know

Mello-Roos

Don't Know

USDA / RHS Loans

Hard Money Loan

Yes

Property Location & Description

Listing Headline

Triplex For Sale in the heart of South Los Angeles. For more information contact the listing agents 310-666-2246 (agent) •arminsoleimani@gmail.com (agent) Listed by Julio Ruiz •DRE #01911261 • Global Platinum Properties, Inc.

Property Description

Situated on a 5,400-square-foot lot, the subject property comprises three units with a total area of 1,377 square feet. The expansive surface parking available adds convenience and accessibility for residents and their guests alike. What sets this triplex apart is that one of the units will be delivered vacant upon the close of escrow, providing an excellent opportunity for potential buyers to make immediate use or capitalize on rental income prospects. With all units fully occupied, investors can expect an impressive 6.97% Cap Rate and 10.31 FRM ensuring a solid return on investment and long-term stability.

Location Description

In the heart of South Los Angeles.

Property Information

Community Features

Sidewalks

Street Lighting

View

None

Building and Construction

Basement

None

Exterior

Wood products

# of Stories

Additions to home Structural

No Data

Basement sq. ft.

Room Features

Utilities

Cooling System

Central

Heating System

Forced air

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Off-street

On-street

# of Covered Parkings

No Data

Garage sq. ft.

None

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS Listing #

TheMLS #24-363367

MLS URL of this listing to link to your own site or brokerage site

https://gppla.com/

Open house

Date

10/04/2023

Listing Info

Listing ID: 3436

Sold

For Sale

$675,000

Listing Presented by

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609 West 62nd Street . South Los Angeles , CA 90044