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Listed by Christopher Crosby • Buckingham Investments, Inc
$ 1,125,000
Est. payment | /mo
5,800 Sqft Lot
$ 1,125,000
Est. payment | /mo
5,800 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25185770
Year Built 1959
Lot Size 5,800 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Turnkey investment opportunity on a private cul-de-sac-featuring three fully renovated, detached bungalows generating $89,820/year with a 5.1% cap rate and 12.5 GRM. The property offers a desirable unit mix of two 2-bed/1-bath homes and a studio ADU, all beautifully renovated with new flooring throughout, modern kitchens showcasing quartz countertops and custom cabinetry, and bathrooms finished with stylish tile, vanities, and fixtures. Each bungalow has in-unit washer and dryer hookups, and recent upgrades include three new roofs, new windows, and an updated electrical system. Set on a quiet, tree-lined street next to William Green Elementary & Park, the property boasts an 82 Walk Score, offering exceptional walkability, coastal proximity just 3 miles from the beach, and convenient access to Hawthorne Blvd, the South Bay Galleria redevelopment, shopping, dining, and entertainment.
Location
State CA
County Los Angeles
Area 113 - South Lawndale
Interior
Laundry In Kitchen, In Laundry Room
Exterior
Parking Features Other
Garage Spaces 3.0
Pool None
Building
Lot Description Corners Marked
Story One Story
Water District - Public
Others
Tax ID 4081015004
Special Listing Condition Not Applicable
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Ben Dodge
REALTOR® | Lic# DRE 01959374