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1019 E 84th St, South LA

South LA Triplex

A brand new 2023 construction NON RENT CONTROLLED triplex! 2/3RD RENTED!!! Delivered with two huge 5 bed/3.5 bath units & a 3 bed/2.5 bath unit. Boasts a 6.64% cap rate. Step into income on day one!

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$1,649,000

Triplex

Sold

3

2023

6.72%

11.75

$142,800/Year (Pro Forma)

3,667 sqft

5,741 sqft

$449.69

$549,667

2 x 5b/3.5b, 1 x 3b/2.5b

No

8 Exterior Spaces

Non Rent Controlled, 2/3RDs Leased

The Highlights

  • Absolutely unheard of 6.72% projected cap rate!!

  • Fully rented! Income on day one!

  • NO RENT CONTROL

  • Townhome style units!

  • Sleek cabinetry, huge windows, and premium finishes!

  • Tenants pay all utilities!

  • DREAM owner occupier opportunity! Enjoy a new construction home while tenants pay the mortgage!

  • Low maintenance

  • Minimal expenses

The Neighborhood

<15-Minute Walk

Roscoe's House of Chicken and Waffles, John C. Fremont High School, El Pollo Loco, The Burger Palace, Oh Manna Fish Market, Church's Texas Chicken, A Huevo Cafe, Ying Hana Teriyaki

<15-Minute Drive

Planet Fitness, Target, King Taco, Starbucks, Millan's Ranchito Restaurant, In-N-Out Burger, Tierra Mia, Walgreens, LA Fitness, NORMS, Coffee, Metropolitan Park Twin 2 Theatre, La Monarca Bakery & Cafe,

<$15 Uber Ride

Planet Fitness, Target, King Taco, Starbucks, Millan's Ranchito Restaurant, In-N-Out Burger, Tierra Mia, Walgreens, LA Fitness, NORMS, Coffee, Metropolitan Park Twin 2 Theatre, La Monarca Bakery & Cafe,

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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