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$ 1,280,000
Est. payment /mo
Active
1718 S New England Street Los Angeles, CA 90006
6 Beds
2,211 SqFt
UPDATED:
10/31/2024 07:53 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,211 sqft
Price per Sqft $578
MLS Listing ID CRPW23228656
Bedrooms 6
HOA Y/N No
Year Built 1902
Lot Size 7,939 Sqft
Acres 0.18
Property Description
Welcome to 1718 S New England, a renovated fourplex boasting good cash flow, situated in the Pico-Union neighborhood. This property offers the flexibility of arriving fully leased at market rates. This property sits on a spacious LARD1.5 lot spanning 7,937 square feet. Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants. The unit configuration comprises two (2) 2 bedroom, 1 bathroom units (currently leased at $2,300 & $2,000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1,350 & 1,300). These units boast numerous updates, such as new stainless steel appliances, laminate flooring, granite countertops, recessed lighting, tankless water heaters, double-paned windows, and recently installed electric panels for units 1722 and 1722 1/2.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Flooring Laminate, Tile
Fireplace No
Laundry No Hookups
Exterior
Utilities Available Sewer Connected
View Y/N true
View Other
Total Parking Spaces 6
Building
Lot Description Other
New Construction No
Others
Tax ID 5056014017
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Daniel Jung • Priming Capital Realty