1805 S New England Street

Los Angeles, CA 90006
$3,250,000
0.15 acres | #OC24092010
Courtesy of Realty One Group West

Description

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.

  • Property Details
      • Interior:Balcony, OpenFloorplan, RecessedLighting, WalkInClosets
      • View:Neighborhood
      • Stories:3
      • Lot description:DripIrrigationBubblers, Landscaped, StreetLevel
      • Acres:0.1516
      • Parking spaces:3
      • Property type:Multi-Family
      • Year built:2021
      • Sewer information:PublicSewer
      • Utility features:ElectricityAvailable, WaterAvailable
      • County:Los Angeles
      • Original List Price:$3, 300, 000
      • MLS #:OC24092010
      • Cost:3250000
      • Property subtype:Townhouse
      • MLS #:OC24092010

Location

The Alcantara GroupReal Estate Group
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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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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.

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