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    1705 S Spaulding Ave

    Los Angeles, CA 90019
    • $1,949,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 21-757028
    UPDATED: 61 min ago
    $1,949,000
    • 5
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,857
      SQFT
    • $682
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Fully occupied, cash-flow triplex in the heart of Los Angeles. This triplex consists of three remodeled units. Tenants are paying market rents and all rents have been collected for multiple years. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has a oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T07:42:26.503. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/119002107
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    1705 S Spaulding Ave Los Angeles, CA 90019

    • Price: $1,949,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 21-757028
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,857
    SQFT
    $682
    $/SQFT
    1963
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Fully occupied, cash-flow triplex in the heart of Los Angeles. This triplex consists of three remodeled units. Tenants are paying market rents and all rents have been collected for multiple years. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has a oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.
    Exterior Features

    Lot Size Area 3725 Other Structures None Parking Garage Garage - 3 Car Total Parking 0

    Interior Features

    Baths Total 5.00 Cooling Air ConditioningCeiling Fan Equipment Alarm SystemCeiling FanDishwasherDryerGarbage DisposalHood FanIce MakerMicrowaveWasherRefrigeratorRange/OvenPhone SystemFreezerCableBuilt-Ins Heating Wall ElectricWall GasElectric

    Property Features

    Assessed Total Value 1720217 Electric Expense 250.00 Entry Floor Number 1 Gardener Expense 80.00 Gross Income 117178 Gross Operating Income 117178 Insurance Expense 150.00 Like Units1 1 Like Units2 1 Like Units3 1 Monthly Gross Income 9765.00 Net Operating Income 87056.18 Number Of Buildings 1 Number Of Units 3 Owner Pays Gardener Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TvElectricity Total Annual Expense 30122.50 Type Of Units Multi-Family Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar1

    Listing provided courtesy of Robert Crawford DRE#01956587 of We Are Realty Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T07:42:26.503. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583