3648 Percy St

$2,500,000

3648 Percy St

18 Beds 12 Baths 6,444 Sq.Ft.

Description

Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!! Located in heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes, and tons of natural light! Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268,500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com

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Location

3648 Percy St, Los Angeles, CA 90023

Status

Sold

Features & Amenities

Interior

total bedrooms18
Total bathrooms12
Laundry room In Unit
Flooring Vinyl Plank
APPLIANCES Gas Dryer Hookup, Range/Oven, Dryer, Dishwasher, Refrigerator, Stackable W/D Hookup, Washer, Garbage Disposal, Water Line to Refrigerator, Microwave, Ice Maker
other interior Features Cathedral-Vaulted Ceilings, Detached/No Common Walls, Turnkey, Open Floor Plan, Laundry - Closet Stacked

Area & Lot

Status Sold
Living Area6,444 Sq.Ft.
Lot Area8,943 Sq.Ft.
MLS® ID24-395811
TypeMulti-Family
YEAR BUILT2017
NeighborhoodLos Angeles
Architecture StylesCraftsman

Exterior

STORIES2
water SourceDistrict
roofAsphalt
lot featuresAutomatic Gate, Fenced Yard, Front Yard, Landscaped, Gutters, Alley Paved, Street Paved, Yard
parkingParking Space, Tandem, Assigned, Driveway - Pavers
HEAT TYPEForced Air, Natural Gas
AIR CONDITIONINGAir Conditioning
sewerIn Street
SubstructureConcrete Block
security Features24 Hour, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector

Financial

Sales Price$2,500,000
Zoning LARD1.5

Contact Details

Phone

310.893.8300

[email protected]

Address

433 N Camden Dr Suite 600 Beverly Hills, CA 90210 11911 San Vicente Blvd Suite 330 Los Angeles, Ca 90049 15760 Ventura Blvd Suite 100 Encino, CA 91436 CA DRE# 1296524

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3648 Percy St

$2,500,000

$2,500,000

3648 Percy St

Description

Share Property

Location

Status

Crystal Hayes

Holland / Hallid Ashrafnia

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Living