Skip To Content

4275 Rosilyn Drive

Los Angeles (City), CA 90063
  • $750,000
  • STATUS: Active
  • ON SITE: 25 days
  • ID#: PW21148831
UPDATED: 13 min ago
$750,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

Well located 3 units. Units consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Four covered carports for parking. Located in the up-and-coming City Terrace area. All units have separate gas meters and electric meters. Current rents are low. Lots of room to increase rents and increase value. Market rents are $2,000 for 2 bdrm units and $1,700 for 1 bdrm units. Market GSI is $64,800 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways. Also available - 3 units next door 4271 Rosilyn Dr. Same unit mix, same price. The two properties have separate APN's but must be purchased together by the same buyer. Obtain separate triplex financing for each property.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/119111880
Print Image

4275 Rosilyn Drive Los Angeles (City), CA 90063

  • Price: $750,000
  • Status: Active
  • Updated: 13 min ago
  • ID#: PW21148831
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1961
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Well located 3 units. Units consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Four covered carports for parking. Located in the up-and-coming City Terrace area. All units have separate gas meters and electric meters. Current rents are low. Lots of room to increase rents and increase value. Market rents are $2,000 for 2 bdrm units and $1,700 for 1 bdrm units. Market GSI is $64,800 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways. Also available - 3 units next door 4271 Rosilyn Dr. Same unit mix, same price. The two properties have separate APN's but must be purchased together by the same buyer. Obtain separate triplex financing for each property.
Exterior Features

Carport Spaces 4 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsParkStreet LightsSuburbanSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 38400 Gross Scheduled Income 38400 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 28032 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 9600 Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Trash Expense 0 Vacancy Allowance 768 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public Zoning Lcr3*

Listing provided courtesy of Michael Lembeck of Re/Max Property Connection


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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 The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365754696-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365754696-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365754696-2.jpg
Logo
The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101