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265 E 45th Street

Los Angeles (City), CA 90011
  • $820,000
  • STATUS: Active Under Contract
  • ON SITE: 181 Days
  • MLS #: RS22205325
Under Contract
UPDATED: 23 min ago
$820,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Listing Agent(s): Stephen Eng of Re/Max Of Cerritos (562-800-0228)


Description

Cash Flowing Triplex with Long-Term Tenants! Centrally located near Downtown Los Angeles in a desirable rental area of South Park, this three-unitproperty offers investors a unique opportunity for a potentially huge upside in rental increases. Two VACANT Recently renovated two bedrooms 1 bath unit featured with new kitchen, new bathroom, new windows, new flooring and new paint. those two renovated units will be delivered vacant, The one bedroom unit to be delivered with tenant. All units feature tons of natural light, a neutral color scheme, a sizeable living room, and an eat-in kitchen with ample cabinetry and solid surface countertops. In addition to the 2-car carport parking, the double-wide driveway provides easy access, as well as parking options for guests. Other features: gated parking, separate gas meters, separate electric meters, storage throughout, only steps from grocery stores, fast food choices, restaurants, South Park Recreation Center, and gas stations, quick 10-minute drive from Downtown Los Angeles, close to shopping, I-110, schools, and entertainment, and so much more! Ideal for savvy investors looking to add cash flowing assets to their portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T16:31:23.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/133244822
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265 E 45th Street Los Angeles (City), CA 90011

  • Price: $820,000
  • Status: Active Under Contract
  • On Site: 181 Days
  • Updated: 23 min ago
  • MLS #: RS22205325
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1910
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Cash Flowing Triplex with Long-Term Tenants! Centrally located near Downtown Los Angeles in a desirable rental area of South Park, this three-unitproperty offers investors a unique opportunity for a potentially huge upside in rental increases. Two VACANT Recently renovated two bedrooms 1 bath unit featured with new kitchen, new bathroom, new windows, new flooring and new paint. those two renovated units will be delivered vacant, The one bedroom unit to be delivered with tenant. All units feature tons of natural light, a neutral color scheme, a sizeable living room, and an eat-in kitchen with ample cabinetry and solid surface countertops. In addition to the 2-car carport parking, the double-wide driveway provides easy access, as well as parking options for guests. Other features: gated parking, separate gas meters, separate electric meters, storage throughout, only steps from grocery stores, fast food choices, restaurants, South Park Recreation Center, and gas stations, quick 10-minute drive from Downtown Los Angeles, close to shopping, I-110, schools, and entertainment, and so much more! Ideal for savvy investors looking to add cash flowing assets to their portfolio.
Exterior Features

Lot Features Flag LotLevelPavedWalkstreet Number Of Separate Electric Meters 3 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 7.3 Common Interest None Community Features Sidewalks Electric Expense 500 Fuel Expense 0 Garage YN Yes Gross Income 68940 Gross Scheduled Income 68940 Insurance Expense 2000 Land Lease YN No Laundry Features In Kitchen Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 ExchangePrivate Financing Available Net Operating Income 54840 New Construction YN No New Taxes Expense 8600 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 14100 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 3000 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T16:31:23.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Stephen Eng of Re/Max Of Cerritos (562-800-0228)