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JUST LISTED – Great Value Triplex for Sale in South Los Angeles near USC

Great investment opportunity located just South of USC, the Coliseum, and proposed new soccer stadium replacing the LA Sports Arena. The property consists of 3 units with the front unit being a 3bdrm 1ba house separately metered for gas and electric, the rear units are both single and are separately metered for electric only, owner pays gas for singles. Water is paid for the property is paid by the tenant in the front house.

triplex front sfr-living-diningScreen Shot 2015-06-30 at 12.07.33 PMUpdated 1922 House Has Lots of Built-In Craftsman Architectural Features, Long Driveway and Rear Patio/Backyard area. An excellent Value Add Opportunity with Upside in Rents and Long Term Appreciation Potential.

Please Do Not Disturb Tenants. Please make all offers subject to interior inspection, and with proof of funds and pre-approval letter.

Located between Hoover and Figueroa, just 2 blocks South of Martin Luther King Blvd.  Located close to major freeways (110 and 10) and neighborhood shopping, as well

Property Website

Price:$450,000

No. Units:3

Building Size:1,809 SF

Price/Unit:$150,000

Property Type:Multifamily

Property Sub-type:Duplex/Triplex/Fourplex

Property Use Type:Investment

Cap Rate:7.70%

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