Prime Investment Opportunity Near USC!
Exceptional multi-unit property featuring four spacious units—three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.
This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.
With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Exceptional multi-unit property featuring four spacious units—three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.
This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.
With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Property Details
Price:
$3,075,000
MLS #:
OC25032206
Status:
Active
Baths:
0
Address:
1805 S New England Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Feb 13, 2025
State:
CA
ZIP:
90006
Lot Size:
6,607 sqft / 0.15 acres (approx)
Year Built:
2021
Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Interior Features
High Ceilings, Living Room Balcony, Open Floorplan
Window Features
Double Pane Windows
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Fencing
New Condition
Foundation Details
Slab
Garage Spaces
3.00
Lot Features
11-15 Units/ Acre
Parking Spots
8.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Spa Features
None
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Water Available
Map
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Courtesy of Realty One Group West. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1805 S New England Street
Los Angeles, CA
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