4455 Topaz Street

    Los Angeles (City), CA 90032
    • $685,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: AR19235286
    Price Reduced
    UPDATED: 42 min ago
    $685,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,010
      SQFT
    • $341
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    This multi-family 3-unit triplex is situated in the convenient Rose Hill neighborhood of NE Los Angeles. Just minutes away from Rose Hill Park and Recreation center, Schools, supermarkets, retails shops, banks, and public transportation. It is also close to Dodger Stadium, Downtown LA, Cal State LA, and Chinatown. It is an ideal location for generating rental income. This triplex features a total of 5 bedrooms and 4 bathrooms. Each unit has its own private yard and separate electric meters, gas meters and water meters. All the tenants are on months-to-months leasing agreements. There is a two-car detached garage and four additional parking spots available in the driveway. Front unit features 1 bedroom, 1 bathroom and a den, with approximately 514 sq.ft. of living space. Second unit features 1 bedroom and 1 bathroom, with approximately 536 sq.ft of living space. Back unit features 3 bedrooms and 2 bathrooms, with approximately 960 sq.ft. of living space. This is a great property with tons of upside rental potential, which can complement your investment portfolio. It is drive-by viewing only and is subject to interior inspection due to the tenants being occupied. Interested parties should perform their own due diligence in order to verify and satisfy all requirements regarding the current market rent value. This triplex is under the City of Los Angeles Rent Stabilization Ordinance (RSO).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T12:28:36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/99676494

    4455 Topaz Street Los Angeles (City), CA 90032

    • Price: $685,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: AR19235286
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,010
    SQFT
    $341
    $/SQFT
    1928
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    This multi-family 3-unit triplex is situated in the convenient Rose Hill neighborhood of NE Los Angeles. Just minutes away from Rose Hill Park and Recreation center, Schools, supermarkets, retails shops, banks, and public transportation. It is also close to Dodger Stadium, Downtown LA, Cal State LA, and Chinatown. It is an ideal location for generating rental income. This triplex features a total of 5 bedrooms and 4 bathrooms. Each unit has its own private yard and separate electric meters, gas meters and water meters. All the tenants are on months-to-months leasing agreements. There is a two-car detached garage and four additional parking spots available in the driveway. Front unit features 1 bedroom, 1 bathroom and a den, with approximately 514 sq.ft. of living space. Second unit features 1 bedroom and 1 bathroom, with approximately 536 sq.ft of living space. Back unit features 3 bedrooms and 2 bathrooms, with approximately 960 sq.ft. of living space. This is a great property with tons of upside rental potential, which can complement your investment portfolio. It is drive-by viewing only and is subject to interior inspection due to the tenants being occupied. Interested parties should perform their own due diligence in order to verify and satisfy all requirements regarding the current market rent value. This triplex is under the City of Los Angeles Rent Stabilization Ordinance (RSO).
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/AcreBack YardFront Yard Lot Size Source Appraiser Lot Size Units Square Feet Parking Features DrivewayGarage Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One AboveNo One Below Cooling Wall/Window Unit(S) Cooling YN Yes Laundry Features Outside Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.83 Community Features Suburban Country Us Elevation Units Feet Gross Income 43188.00 Gross Scheduled Income 43188.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Licenses Expense 50.00 Net Operating Income 33063.00 New Construction YN No New Taxes Expense 8875.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 10125.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 10125.00 Trash Expense 0.00 Water Source Public Year Built Source Estimated Zoning Lar1

    Listing provided courtesy of Jerry Sun of Re/Max Premier Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T12:28:36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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