Listing Courtesy Of:
Equity Union, 424-600-7620, Jonathan Prakash
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
Similar Homes
$949,000
1758 S New England St, Los Angeles, CA 90006
7 Beds
5 Baths
4,494
sq ft
.18
ac
Log In to Reveal Price
$949,000
1758 S New England St, Los Angeles, CA 90006
Estimation provided by Keller Williams Realty Inc.
7 Beds
5 Baths
4,494
sq ft
.18
ac
Active
For Sale
Property Description
Fantastic value-add and owner/user opportunity at 1758 S New England Street - a five unit multifamily investment located in the Pico-Union area of Los Angeles. The property has two buildings that consist of one (1) three-bedroom single family home and four (4) one-bedroom units. A one-bedroom unit is currently vacant and will remain vacant for a potential owner/user or a new investor. The property totals 4,494 SF and sits on a 7,947 SF lot with a total of 6 open parking spaces. There is PRIVATE FINANCING available for the subject property for a new Buyer or an owner/user. The owner has upgraded the property with the following: electrical (service, main panel, and sub-panels), copper plumbing in the units, new windows, newer roof replacements, and more (Buyer to verify and conduct due diligence). Further, the subject property has tremendous rental upside with a pro forma GRM of 8.15 and CAP rate of 8.94%.
Assessed Value is a combination of the land and additions.
2023
$3,664
(+3.59%)
$216,706
Land 91,343 +
Additions 125,363
2022
$3,537
(+1.88%)
$208,293
Land 87,797 +
Additions 120,496
2021
$3,471
(+2.33%)
$208,293
Land 87,797 +
Additions 120,496
2019
$3,392
(+7.69%)
$206,158
Land 86,897 +
Additions 119,261
2017
$3,150
$198,155
Land 83,524 +
Additions 114,631
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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