3727 S La Salle Avenue Los Angeles, CA 90018
Listing Courtesy of: CRMLS / Century 21 Masters / Andrew "Andrew Watkins" Watkins

  3727 S La Salle Avenue Los Angeles, CA 90018

Sold (69 Days)
$1,215,000

Description

Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Gross Income $89,310. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $19,377. NOI $69,933. GRM 13.44. Cap Rate 5.80%. Unit #3733 (3BD+1BA) rented at $2350/month. Unit #3727 rented at $2472/month (2BD+1BA) may be delivered vacant. Unit #3735 rented at $2420.50/month (3BD+1BA). Garage rented for additional $200/month. Tenants pay all utilities. Super low expenses. Close to Expo Line, USC and West Adams. This will not last!

MLS #:
22142107
Lot Size
7,437 SQFT
Type
Multifamily
Year Built
1922
County
Los Angeles County

Listed By

Andrew "Andrew Watkins" Watkins, DRE #01478668 CA, Century 21 Masters
Bought with
Feven Belay, The Realestate Group
Source
CRMLS
Last checked Apr 3 2025 at 1:56 AM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Refrigerator
Heating and Cooling
  • Wallfurnace
Parking
  • Driveway
  • Garage
  • Carport
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 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.