UPDATED:
11/06/2024 09:42 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,012 sqft
Price per Sqft $695
Subdivision Belmont Shore (Bsd)
MLS Listing ID OC24194669
Bedrooms 7
Full Baths 3
Construction Status Turnkey
HOA Y/N No
Year Built 1925
Lot Size 3,057 Sqft
Property Description
Unit 1: This spacious unit features 3 bedrooms and 1 bathroom, complete with stunning built-ins, wood flooring, a faux fireplace, and the convenience of a garage plus an additional parking space.
Unit 2: Offering 2 bedrooms and 1 bathroom, this unit shines with an updated kitchen, luxury laminate flooring, a remodeled bathroom, and a private patio.
Unit 3: A brand-new build, this unit includes 2 bedrooms and 1 bathroom, a beautifully designed kitchen and bathroom, luxury vinyl flooring, and new HVAC for year-round comfort.
Each unit is equipped with private laundry facilities and stainless steel appliances. Recent upgrades include 2 new electrical panels and 3 tankless water heaters, ensuring efficiency for both tenants and owner. Tenants cover all utilities except water, providing low-maintenance ownership while maximizing rental income.
With a strong CAP rate of 5.5% and minimal vacancies, this triplex offers an excellent investment opportunity. Combining classic Spanish architecture with modern conveniences in a highly desirable location, it’s an ideal choice for both investors and tenants. Seller Financing Available
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Zoning LBR2S
Rooms
Main Level Bedrooms 4
Interior
Interior Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Track Lighting, Bedroom on Main Level, Walk-In Closet(s)
Heating Ductless, Wall Furnace
Cooling Ductless
Flooring Laminate, Vinyl, Wood
Fireplaces Type Decorative, Family Room
Fireplace Yes
Appliance Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
Laundry Inside, Stacked
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Block, Vinyl, Wood
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Flat,Tile
Accessibility None
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Near Park, Yard
Dwelling Type Triplex
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories Two
New Construction No
Construction Status Turnkey
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 7247001024
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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