1019 E 84th St, South LA
South LA Triplex
A brand new 2023 construction NON-RENT CONTROLLED triplex! 2/3RD RENTED!!! Delivered with two expansive 5 bed/3.5 bath units and a spacious 3 bed/2.5 bath unit. This property boasts an impressive 6.64% cap rate, offering immediate cash flow potential. With high-quality finishes and modern design throughout, this triplex is an ideal opportunity for an investor looking to step into a stable income stream 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:
Rent Control:
$1,600,000
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 Parking Spots
No
Other Features:
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
University of Southern California, The Kia Forum, BMO Stadium, SoFi Stadium, California Science Center IMAX, YouTube Theater, Natural History Museum of Los Angeles County, LA Memorial Coliseum
Contact
Lauren Cearley
213.302.8662
Property Presented By:
