Los Angeles, CA 90018,1704 W Jefferson BLVD

$1,599,999

$1,599,000

0.1%
Est.Price: ?

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Est. payment /mo

4,700 Sqft Lot


SOLD DATE : 01/05/2022

Key Details

Sold Price $1,599,999

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW20260512

Sold Date 01/05/22

HOA Y/N No

Year Built 2019

Lot Size 4,700 Sqft

Property Sub-Type Triplex

Property Description

BRAND NEW CONSTRUCTION! HIGH POTENTIAL CASHFLOW & CAP RATE IN USC NEIGHBORHOOD....CALL ME FOR DETAILS!
MOTIVATED SELLER!
MODERN RARE TRIPLEX just minutes from USC. 3 light filled, bright units consisting of 2 bedrooms and 2 bathrooms each. 6 bedrooms and 6 bathrooms make for a perfect investor mix. This area already boasts high rental rates....but seller is also negotiating with student housing brokers to possibly have all units pre-leased for the 2021'2022 USC school year for an even more impressive CAP rate & monthly cashflow. Also comes with open carport spaces for all units. ADU ADDITON POSSIBLE for even more revenue.
Seller willing to cover PITI for first 6 months (with certain limitations). What does that mean? Mortgage covered for the first 6 months while you get property ready for USC students or add that ADU. We are bringing certainty to uncertain times.

DON'T HESITATE TO GO TAKE A LOOK AT THIS GEM! Ideal layout for roommates and students. Lots of living space and great kitchens complete these amazing units. Each unit has a distinctive layout giving renters a plethora of options.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating ENERGY STAR Qualified Equipment, Gravity

Cooling ENERGY STAR Qualified Equipment

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Range Hood, Tankless Water Heater

Laundry Inside

Exterior

Parking Features Carport

Carport Spaces 2

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5041003037

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sonia Ramirez • Alta Mira Realty, Inc.
Bought with Yee San Lisa Leung • Yee San Lisa Leung, BROKER
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