1805 S New England ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25032206
Construction Status Turnkey
HOA Y/N No
Year Built 2021
Lot Size 6,608 Sqft
Property Sub-Type Apartment
Property Description
Prime Investment Opportunity Near USC!
Exceptional multi-unit property featuring four spacious units—three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.
This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.
With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Interior Features Balcony,High Ceilings,Open Floorplan
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dryer,Washer
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence New Condition
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Electricity Available,Natural Gas Available,Water Available
Roof Type Flat
Total Parking Spaces 8
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5056016018
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition Standard