Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

5,247 sqft

Lot size

6,147 sqft

Year built

2023

Stories

2

Style

Spanish

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

129

MLS #

240739481

About this property

Price reduction bring your offers. 2023 Newer construction. All units are occupied and actual rents are shown. The best priced property in Mid City. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rents shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow. Total monthly rental income $14,075.00.

Location

3045 Wellington Road

Los Angeles, Los Angeles, CA, 90016