1821 S New England Street N, Los Angeles, Los Angeles County, CA, 90006 Los Angeles CA US

Great Gem "2022 Built" The property is built in Townhouse Style, which could be a future benefit if each unit was sold individually. The total building size is 7443 SF. on a 6963 Lot size. At a 7% CAP RATE* Building #1 Consists of 3,819 Sf. Building #2 consists of 3624 Sq Ft. All units are Tri-level. #1821 has 5 bedrooms 5 baths, and inside laundry, it comes with 2 parking spaces.. #1821 1/2 has 5 bedrooms, 4 baths, and laundry inside the attached 2-car garage. #1823 has 5 bedrooms 5 baths, inside laundry, and 2 parking spaces. #1823 1/2 has 5 bedrooms, 5 baths, inside laundry, and comes with 2 car garage attached. The property has a total of 2 double-car garages and a total of 4 extra parking spaces available, and all units come equipped with separate electric, gas, and water meters. Additionally, there is a separate Electric House meter for the exterior lights, which could be utilized for a Future ADU. The estimated rent for each unit is $5500, and they are all outfitted with AC and forced heat, tankless water heaters, and appliances. The average unit size ranges from approximately 1800 to 1900 SF, and the zone is classified as LARD1.5 "4 Unit Building in Los Angeles 90006 with a 7.% Cap Rate". Easy access to major Freeways, Restaurants, Transportation, Shops, USC, and a short distance to Korea Town, Downtown LA, Staples Center, LA Coliseum, and Sofi Stadium. Very low maintenance and the Potential for an ADU. All units are ready to be leased and being advertized for lease at $5,500. per unit. Find out more about this property. Request details here