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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 Type(s):
Residential Income
| Last Updated | 9/20/2024 | Year Built | 2021 |
|---|---|---|---|
| Community | Mid Los Angeles | Garage Spaces | 3.0 |
| County | Los Angeles |
Price History
| Prior to Sep 20, '24 | $3,300,000 |
|---|---|
| Sep 20, '24 - Today | $3,250,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Freezer, Gas Range, Microwave, Refrigerator, Washer |
| AREA | Mid Los Angeles |
| FIREPLACE | Yes |
| GARAGE | One Space, Private, Yes |
| HEAT | Central |
| INTERIOR | Balcony, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| LOT | 6605 sq ft |
| LOT DESCRIPTION | Drip Irrigation/Bubblers, Landscaped, Street Level |
| PARKING | Private,One Space |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Modern |
| UTILITIES | Electricity Available,Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| ZONING | LARD1.5 |
Location
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Listed with Realty One Group West
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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