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2822 7th Avenue

Los Angeles (City), CA 90018
  • $1,299,999
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: DW23229780
UPDATED: 218 min ago
$1,299,999
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Listing Agent(s): John Heinz of Century 21 Cornerstone (562-698-0348)


Description

Explore this USC-adjacent triplex, conveniently located just 2 miles from campus. The rear unit offers 3BR/2BA, a private terrace, and tiled floors, while the two front units present 1BR/1BA with laminate flooring. Each property has newly renovated bathrooms, kitchens as well as in-unit laundry. With a 10-year-old roof and plenty of parking in the long driveway, this triplex is now leased at market rates, making it an ideal investment prospect. Seize the opportunity to purchase this investment property in this highly sought-after neighborhood near USC, which combines modern amenities and convenience.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/147284948
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2822 7th Avenue Los Angeles (City), CA 90018

  • Price: $1,299,999
  • Status: Active
  • On Site: 23 Days
  • Updated: 218 min ago
  • ID#: DW23229780
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1906
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Explore this USC-adjacent triplex, conveniently located just 2 miles from campus. The rear unit offers 3BR/2BA, a private terrace, and tiled floors, while the two front units present 1BR/1BA with laminate flooring. Each property has newly renovated bathrooms, kitchens as well as in-unit laundry. With a 10-year-old roof and plenty of parking in the long driveway, this triplex is now leased at market rates, making it an ideal investment prospect. Seize the opportunity to purchase this investment property in this highly sought-after neighborhood near USC, which combines modern amenities and convenience.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 6 Parking Features DrivewayGarage Faces Front Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street View Neighborhood View YN Yes

Interior Features

Common Walls 1 Common Wall Fireplace Features None Fireplace YN No Flooring Laminate Heating NoneWall Furnace Heating YN No

Property Features

Additional Parcels YN No Cap Rate 4.9 Common Interest None Community Features Curbs Disclosures Rent Control Electric Standard Garage YN Yes Gross Income 88800 Gross Scheduled Income 88800 Insurance Expense 100 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHASubmit Net Operating Income 86300 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 2500 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 160 Water Source Public Zoning LARD3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T00:28:36.88. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
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Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): John Heinz of Century 21 Cornerstone (562-698-0348)