1805 New England Street, Los Angeles, CA 90006
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- MLS#: OC24092010 ( Townhouse )
- Street Address: 1805 New England Street
- Viewed: 3
- Price: $3,175,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2021
- Bldg sqft: 0
- Days On Market: 331
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90006
- Provided by: Realty One Group West
- Contact: Danial Danial
- DMCA Notice
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DescriptionIntroducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Freezer
- Disposal
- Gas Range
- Microwave
- Refrigerator
Architectural Style
- Modern
Building Area Total
- 7719.00
Commoninterest
- Condominium
Common Walls
- 1 Common Wall
- No One Above
- No One Below
Cooling
- Central Air
Country
- US
Days On Market
- 267
Entry Location
- street
Fencing
- New Condition
Fireplace Features
- None
- Gas
Flooring
- Laminate
- Tile
Garage Rental Rate
- 0.00
Garage Spaces
- 3.00
Green Energy Efficient
- Appliances
Heating
- Central
Insurance Expense
- 4762.00
Interior Features
- Balcony
- Living Room Balcony
- Open Floorplan
- Recessed Lighting
Laundry Features
- Dryer Included
- Washer Included
Levels
- Three Or More
Lockboxtype
- None
Lot Features
- Landscaped
- Level with Street
- Sprinklers Drip System
Netoperatingincome
- 138750.00
Parcel Number
- 5056016018
Parking Features
- Parking Space
- Private
Pool Features
- None
Postalcodeplus4
- 5313
Property Type
- Townhouse
Road Surface Type
- Paved
Roof
- Flat
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 414283047:CRM
Spa Features
- None
Totalexpenses
- 14362.00
Trash Expense
- 1200.00
Uncovered Spaces
- 5.00
Utilities
- Electricity Available
- Water Available
Vacancyallowance
- 3768
View
- Neighborhood
Window Features
- Double Pane Windows
Year Built
- 2021
Year Built Source
- Assessor
Zoning
- LARD1.5