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    1731 S New England St

    Los Angeles, CA 90006
    • $1,199,000
    • STATUS: Active Under Contract
    • ON SITE: 32 Days
    • MLS #: 21-785618
    Under Contract
    UPDATED: 34 min ago
    $1,199,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,260
      SQFT
    • $531
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Looking for cash-flow in a fast developing neighborhood? Seize this investment opportunity on this completely remodeled 4B|3b home (possible 5th bedroom-dining room converted to office|bedroom w|barn door and closet-see photos) and new 2B|1b 508 sf Accessory Dwelling Unit (ADU) near Washington between Hoover and Vermont on a lovely residential street booming with development. This opportunity is close to USC, DTLA, Koreatown, 10 Freeway. The property features a 1,760 SF front house with an open floor plan, recessed lights, new windows, new electrical, sewer lines, plumbing, kitchen, HVAC, primary with en-suite. There's a 386 sf attic accessed via a door and stairwell in laundry room. Detached, 2-bed, 1-bath 508 SF ADU at the rear. Newly-paved concrete driveway and perimeter, privacy fencing, custom sliding front gates, and more. Light and bright, its updated appeal, future appreciation, and income potential are sure to impress. Just leased front house for $4500|month and rear unit is on market for $2500. Rents are great in this area and property comes with new Samsung s|s appliances. Close proximity to Staples Center, FIDM, USC, Loyola.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T21:42:35.27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/121673316
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    1731 S New England St Los Angeles, CA 90006

    • Price: $1,199,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • MLS #: 21-785618
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,260
    SQFT
    $531
    $/SQFT
    1912
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Looking for cash-flow in a fast developing neighborhood? Seize this investment opportunity on this completely remodeled 4B|3b home (possible 5th bedroom-dining room converted to office|bedroom w|barn door and closet-see photos) and new 2B|1b 508 sf Accessory Dwelling Unit (ADU) near Washington between Hoover and Vermont on a lovely residential street booming with development. This opportunity is close to USC, DTLA, Koreatown, 10 Freeway. The property features a 1,760 SF front house with an open floor plan, recessed lights, new windows, new electrical, sewer lines, plumbing, kitchen, HVAC, primary with en-suite. There's a 386 sf attic accessed via a door and stairwell in laundry room. Detached, 2-bed, 1-bath 508 SF ADU at the rear. Newly-paved concrete driveway and perimeter, privacy fencing, custom sliding front gates, and more. Light and bright, its updated appeal, future appreciation, and income potential are sure to impress. Just leased front house for $4500|month and rear unit is on market for $2500. Rents are great in this area and property comes with new Samsung s|s appliances. Close proximity to Staples Center, FIDM, USC, Loyola.
    Exterior Features

    Cross Streets Washington And Vermont Direction Faces East Entry Location Main Level Exterior Construction Stucco Levels Multi/Split Lot Description Fenced YardFront YardLandscapedBack YardFenced Lot Size Area 4637 Other Structures Accessory Dwelling Unit Parking Garage Driveway Patio Features Concrete SlabPorch - Front Paved YN Yes Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers Drip SystemManual Style Bungalow Tennis Court None Tennis YN No Total Parking 3 View Description Walk Street View YN Yes

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 4.00 Bedroom Features Ground Floor MasterMaster Suite Common Walls Detached/No Common Walls Cooking Appliances Gas/Electric Range Cooling Air ConditioningCentralMulti/Zone Den Yes Dining Room Yes Equipment Gas Dryer HookupHood FanGarbage DisposalDishwasherRefrigerator Family Room No Fireplace Rooms Decorative Flooring MixedLaminateCeramic Tile Foundation Details RaisedSlab Heating Central Kitchen Features RemodeledKitchenetteCounter Top Laundry InsideRoomLaundry Area Rooms Guest HouseIn-Law SuiteMaster BedroomDining AreaUtility RoomAtticDining RoomDen/Office Water Heater Features GasTanklessWater Heater Unit Windows Double Pane Windows

    Property Features

    Alley YN No Gross Income 7000 Gross Operating Income 108000 Land Lease Type Fee Like Units1 1 Like Units2 1 Net Operating Income 96126.00 Number Of Buildings 2 Number Of Units 2 Owner Pays GasWater Property Condition Updated/Remodeled Sale Type Standard Security Features GatedSmoke Detector Sewer In Connected And Paid Source Living Area Taped Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays Electricity Total Annual Expense 11874 Type Of Units 2 On A Lot Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Carlos Castillo DRE#01254307 of The Agency.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T21:42:35.27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270