Skip To Content

1705 S Spaulding Ave

Los Angeles, CA 90019
  • $1,949,000
  • STATUS: Active
  • ON SITE: 27 days
  • ID#: 21-757028
UPDATED: 63 min ago
$1,949,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,857
    SQFT
  • $682
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

Fully occupied, cash-flow triplex in the heart of Los Angeles. This triplex consists of three remodeled units. Tenants are paying market rents and all rents have been collected for multiple years. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has a oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T10:42:27.243. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.theparsonsrealestateteam.com/homes/119002107
Print Image

1705 S Spaulding Ave Los Angeles, CA 90019

  • Price: $1,949,000
  • Status: Active
  • Updated: 63 min ago
  • ID#: 21-757028
5
Beds
0
Baths
0
½ Baths
0.09
Acres
2,857
SQFT
$682
$/SQFT
1963
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Fully occupied, cash-flow triplex in the heart of Los Angeles. This triplex consists of three remodeled units. Tenants are paying market rents and all rents have been collected for multiple years. This property consists of a three bedroom front unit that has no common walls and a private patio. The kitchen has stainless steel appliances and was remodeled in 2016. The two bedroom unit is upstairs and has a oversized outdoor rooftop patio. The kitchen has stainless steel appliances and quartz counter tops. Hardwood flooring throughout the unit with central AC, Laundry, office nook and remodeled bathrooms. The one bedroom unit has a mini-split HVAC system along with completely remodeled bathroom and kitchen. Three car garage with storage units gives each tenant one parking spot.
Exterior Features

Lot Size Area 3725 Other Structures None Parking Garage Garage - 3 Car Total Parking 0

Interior Features

Baths Total 5.00 Cooling Air ConditioningCeiling Fan Equipment Alarm SystemCeiling FanDishwasherDryerGarbage DisposalHood FanIce MakerMicrowaveWasherRefrigeratorRange/OvenPhone SystemFreezerCableBuilt-Ins Heating Wall ElectricWall GasElectric

Property Features

Assessed Total Value 1720217 Electric Expense 250.00 Entry Floor Number 1 Gardener Expense 80.00 Gross Income 117178 Gross Operating Income 117178 Insurance Expense 150.00 Like Units1 1 Like Units2 1 Like Units3 1 Monthly Gross Income 9765.00 Net Operating Income 87056.18 Number Of Buildings 1 Number Of Units 3 Owner Pays Gardener Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TvElectricity Total Annual Expense 30122.50 Type Of Units Multi-Family Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Robert Crawford DRE#01956587 of We Are Realty Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T10:42:27.243. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-757028-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-757028-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_21-757028-2.jpg
Logo
The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101