Cash flowing triplex
- City: Los Angeles
- State: California
- Ad Viewed : 41 Times
Description:
Calling all investors, experienced or new, this is a great property to add to your portfolio! Also ideal for owner occupant who wants to live for free. This house is in the centrally located residential neighborhood of Hunter Hills. All units have been recently updated and the main unit or owner’s unit has just been fully rehabbed and renovated. HVAC system is less than one year old. This is the perfect opportunity to live in a great neighborhood while offsetting your mortgage by over $1500 a month with long term tenants or even much more by doing short term rentals/AirBNB. Unit Mix Unit #1 - Main Unit 3 bedrooms/1 bath (currently vacant) = $1500 market rent a month Unit #2 – 1 bedroom/1 bath apartment (rented) = $1050 a month with long term tenant Unit #3 – Studio apartment (rented) = $550 a month with long term tenant Total rents =$3100 with room to grow as unit 2 and 3 rents have not been increased since before Covid. Owner pays electric, gas and water. Property has a laundry room accessible to all three units and owner's unit has set up for stackable washer/dryer in unit.