Courtesy of: Andrew Watkins 01478668 | | KW Advisors
Days On Market: 28
Square Footage: 2,221 Sq ft
Address: 3727 S LA SALLE AVE
County: Los Angeles
City: Los Angeles
Neighborhood: Los Angeles Southwest
Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Unit #3733 (3BD+1BA) delivered vacant. Unit #3727 rented at $2472/month (2BD+1BA) may also be delivered vacant. Unit #3735 rented at $2350/month (3BD+1BA). Garage rented for additional $200/month to contractor and will deliver vacant upon sale. Tenants pay all utilities. Super low expenses. Gross Income $84,204. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $20,104. NOI $64,101. GRM 14.96. CapRate 5.06%. Close to Expo Line, USC and West Adams. This will not last!