For Sale For Rent
Advertise
bedrooms
bedrooms
7
bathrooms
bathrooms
0
square feet
square feet
4,494
acreage
Acreage
0.1825
open houses
Open Houses
-
year built
year built
1913
full baths
Full Baths
0
half baths
Half Baths
0
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%.
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 25491745
Listing agent: Jonathan Prakash
Listing broker: Equity Union Real Estate (818) 989-2000
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Saturday, February 1 2025 at 5:58 p.m. EST
Kotohomes National