3727 S LA SALLE Avenue
Los Angeles, CA 90018
3 baths | 0.17 acres | #22142107
Description
Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Gross Income $89,310. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $19,377. NOI $69,933. GRM 13.44. Cap Rate 5.80%. Unit #3733 (3BD+1BA) rented at $2350/month. Unit #3727 rented at $2472/month (2BD+1BA) may be delivered vacant. Unit #3735 rented at $2420.50/month (3BD+1BA). Garage rented for additional $200/month. Tenants pay all utilities. Super low expenses. Close to Expo Line, USC and West Adams. This will not last!
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Andrew Watkins (#CLW-C106931)
Listing Office: KW Advisors (#CLW-X74717)
Listing Courtesy (Buyer)
Buyer's Agent: Feven Belay (#SBELAFEV)
