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
security Features24 Hour, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector
Financial
Sales Price$2,500,000
ZoningLARD1.5
Living
Luxury real estate means going above and beyond the client’s expectations. Whatever luxury means to you, we are here to help you seek it. Experience luxury with us.
433 N Camden Dr, Suite 600
Beverly Hills, CA 90210
11911 San Vicente Blvd, Suite 390
Los Angeles, CA 90049
15760 Ventura Blvd, Suite 100
Encino, CA 91436
680 E Colorado Blvd, Suite 180
Pasadena, CA 91101
2121 East Coast Hwy #180
Corona Del Mar, CA 92625
CA DRE# 01527644