1326 W 98th, Los Angeles, CA 90044
- $849,999
- List Price
- $849,999
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- CV26102278
- Year Built
- 1937
- Lot Size
- 6,256
- Acres
- 0.14
- Lot Location
- Front Yard, Sprinklers In Front
- Days on Market
- 81
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
Property Description
Excellent value-add triplex opportunity in a strong Los Angeles rental market, just minutes from Downtown Los Angeles. It is conveniently located near SoFi Stadium, Target, Costco, and major highways – 110 and 405. Property features a desirable unit mix of (1) Front detached 3-bedroom/2-bath house (currently vacant) on 2 levels with inside washer/dryer hookups, central HVAC, separate electricity and gas utilities -- ideal for owner-occupancy; (1) back second level 1-bedroom/1-bath unit with a balcony (tenant-occupied and paying), central HVAC, inside washer/dryer hookups, pays 50% of electricity and gas utilities; and (1) studio unit with one bath, washer/dryer hookups, and air conditioner. No common wall(s). All garages on the ground floor below the one bedroom unit. This property is ideal for investors seeking upside through lease optimization and repositioning. Front 3-bedroom unit delivered vacant at close, offering immediate rental or owner-user potential. A long-term tenant in good standing currently occupies one unit. Studio unit presents additional upside potential (see agent remarks). Property to be sold as-is. Buyers to conduct their own due diligence regarding rents, expenses, and tenancy.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Pool Description
- None
- Fireplace Description
- Gas, Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Multiple Staircases
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $63,026
- Operating Expense
- 13600
Listing courtesy of Listing Agent: Lasisi Azeez (lasisiaz@yahoo.com) from Listing Office: All Gens Financial Services In.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.