1718 S New England Street

Los Angeles, CA 90006
$1,280,000
0.18 acres | #PW23228656
Courtesy of Priming Capital Realty

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.

  • Property Details
      • View:Neighborhood
      • Stories:1
      • Lot description:StreetLevel
      • Acres:0.1823
      • Property type:Multi-Family
      • Year built:1902
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • County:Los Angeles
      • Original List Price:$1, 280, 000
      • MLS #:PW23228656
      • Cost:1280000
      • Property subtype:Quadruplex
      • MLS #:PW23228656

Location

The Alcantara GroupReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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