1435 E 48th Pl, Los Angeles, Los Angeles County, CA, 90011 Silicon Valley CA US
Property Details
10
3
Central - Alameda
MultiFamily
Description
Three Unit Residential Income Property 7.2% Cap.. Great Investment & also for 1031-Exchange. Great Cash Flow. $10,400 gross monthly rents received currently. Originally was a duplex 2304 sq.ft. total. Front unit is a single story home originally built 1906. Back building originally built in 2001 is two stories with two units. Sellers converted 3 car garage in the lower back building to an appr. 730 sq.ft. 3 bedroom/2 bathroom brand new ADU permitted unit. Two separate buildings. Front building is a 3 bedroom/2 bath home receiving $3650 rent per month. Back building upper townhouse unit was built in 2001. It's a 4 bedroom/3 bathroom unit receiving $3850 rent per month. The ADU unit rent is $2900 per month. Owner has done renovations to existing units as well. Property will be delivered with tenants in place. Prime Location! Located on a residential tree lined street and less than 7 min. away from the new shopping center on Slauson Ave. and walking distance to the metro, public transportation. Central Alameda Neighborhood. Find out more about this property. Request details here
Location
Address
1435 East 48th Place, Los Angeles, California 90011, United States
City
Los Angeles
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