3915 Brighton Avenue

    Los Angeles (City), CA 90062
    • $2,075,000
    • STATUS: Active
    • ON SITE: 71 days
    • ID#: SB20017874
    Price Reduced
    UPDATED: 42 min ago
    $2,075,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,119
      SQFT
    • $405
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    We are proud to present this new 2019 (4) unit new construction property. It is located just west of USC and just south of downtown LA. This property is comprised of 2 duplexes, total 4 UNITS. All units are 3 bedrooms; Two of the units have 3 bathrooms while the other two units have 2 bathrooms. Both buildings are 2 story, but each unit is only one floor. All units have open floor plans with thoughtful design. All units include master bedrooms, walk in closets, full appliances, window blinds, white shaker cabinets, quartz counter tops, and every bathroom designed beautifully with attractive tile. Every unit has central air and heat, and includes a separate washer and dryer for every unit. Additionally every unit is separately meters and tenants are responsible for all utilities. This property is sold with a 5th water and electrical meter to handle common area lighting and landscape water. This makes management much easier. This property was designed to have low maintenance and create easier passive income for the owner. There are two separate garages on the property which have epoxy flooring, and total parking on the property for all 4 units are 8 spaces, 2 spaces for each unit. The exterior is paved with tricolor pavers, and landscaping gives it a nice hint of color. Exterior gate is motorized for simple and more secure entering and exiting of the property. This property is being sold occupied to reduce risk and cash-flowing quickly.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T07:28:21.117. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/102594555

    3915 Brighton Avenue Los Angeles (City), CA 90062

    • Price: $2,075,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: SB20017874
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,119
    SQFT
    $405
    $/SQFT
    2019
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    We are proud to present this new 2019 (4) unit new construction property. It is located just west of USC and just south of downtown LA. This property is comprised of 2 duplexes, total 4 UNITS. All units are 3 bedrooms; Two of the units have 3 bathrooms while the other two units have 2 bathrooms. Both buildings are 2 story, but each unit is only one floor. All units have open floor plans with thoughtful design. All units include master bedrooms, walk in closets, full appliances, window blinds, white shaker cabinets, quartz counter tops, and every bathroom designed beautifully with attractive tile. Every unit has central air and heat, and includes a separate washer and dryer for every unit. Additionally every unit is separately meters and tenants are responsible for all utilities. This property is sold with a 5th water and electrical meter to handle common area lighting and landscape water. This makes management much easier. This property was designed to have low maintenance and create easier passive income for the owner. There are two separate garages on the property which have epoxy flooring, and total parking on the property for all 4 units are 8 spaces, 2 spaces for each unit. The exterior is paved with tricolor pavers, and landscaping gives it a nice hint of color. Exterior gate is motorized for simple and more secure entering and exiting of the property. This property is being sold occupied to reduce risk and cash-flowing quickly.
    Exterior Features

    Fence YN Yes Fencing Wood Garage Spaces 3.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Gas OvenGas RangeMicrowaveRefrigeratorTankless Water Heater Appliances YN Yes 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 Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Laundry Features Dryer IncludedWasher Included Levels OneTwo Room Type Master SuiteWalk-In Closet Window Features BlindsDouble Pane Windows

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.70 Community Features CurbsGuttersSidewalks Country Us Electric Expense 600.00 Elevation Units Feet Gross Income 0.00 Gross Operating Income 150854.00 Gross Scheduled Income 157140.00 Insurance Expense 3600.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2400.00 Net Operating Income 107794.00 New Construction YN Yes New Taxes Expense 27770.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 5 Number Of Units Leased 3 Number With Dishwasher 4 Number With Disposal 4 Number With Drapes 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 43060.00 Operating Expense Percent 28.50 Professional Management Expense 7850.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash CollectionWater Total Actual Rent 9945.00 Total Expenses 43060.00 Trash Expense 0.00 Vacancy Allowance 6286 Vacancy Allowance Rate 4.00 Water Sewer Expense 600.00 Water Source Public Year Built Source Builder Zoning Lar4

    Listing provided courtesy of Eric Cuevas of Bauhaus Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T07:28:21.117. 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 Allison James Estates and Homes. Licensed in the State of California, USA.

     
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