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1805 S New England Street

Los Angeles (City), CA 90006
  • $3,075,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: OC25032206
$3,075,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Listing Agent(s): Danial Yasrebi of Realty One Group West (949-783-2400)


Description

Prime Investment Opportunity Near USC!Exceptional multi-unit property featuring four spacious units"three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160580114
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1805 S New England Street Los Angeles (City), CA 90006

  • Price: $3,075,000
  • Status: Active
  • On Site: 28 Days
  • ID#: OC25032206
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2021
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Prime Investment Opportunity Near USC!Exceptional multi-unit property featuring four spacious units"three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Exterior Features

Entry Level 1 Entry Location Street/1 Fencing New Condition Foundation Details Slab Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 5 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Roof Flat Spa Features None Spa YN No

Interior Features

Appliances DryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features BalconyHigh CeilingsOpen Floorplan Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.5 Common Interest Condominium Community Features CurbsStreet LightsSidewalks Garage YN Yes Gross Income 289846 Gross Scheduled Income 289846 Insurance Expense 4762 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 138750 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 13 Operating Expense 49650 Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 14850 Trash Expense 1200 Utilities Electricity AvailableNatural Gas AvailableWater Available Vacancy Allowance Rate 20 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Danial Yasrebi of Realty One Group West (949-783-2400)