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Listed by Jeff Kashanchi • Estate Properties
$998,900
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $416
MLS Listing ID PV-26142983
Year Built 1960
Lot Size 5,603 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Major Price Reduction! Exceptional investment opportunity in the highly desirable South Bay rental market. This fully occupied Three Detached Units, including a Newly Constructed 2024 ADU, offering strong cash flow with low operating expenses. The property consists of Two 2 bedroom, 1-bath homes and a newer 2- bedroom, 2 baths ADU. All units are individually metered for gas and electricity, with the owner responsible for only water and sewer. Top of market rents, the property generates $7800 per month in gross rental income. There is also Potential JADU Upside (buyer to verify), with a four-gang electrical panel already installed, providing additional value- opportunity. Located in the strong South Bay rental market, this is an excellent opportunity for both investors seeking stable income and buyers looking for future expansion potential. Buyer to verify all information and development potential to their own satisfaction. Please do not disturb the tenants.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Interior
Fireplaces Type None
Laundry Inside
Exterior
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Other, Public Sewer
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823