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Listing Details

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On Market
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MLS #
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School Ratings & Info

Description

Two side-by-side triplexes on separate lots/separate APN's. Obtain separate triplex financing for each property. 4271 Rosilyn consists of a 2 bdrm 1 bath house in front and two 1 bdrm 1 bath units behind. 4275 Rosilyn consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Five covered carports for parking. Located in the up-and-coming City Terrace area. All units have separate gas meters and electric meters. Current rents are low. Lots of room to increase rents and increase value. Market rents are $2,000 for 2 bdrm units and $1,700 for 1 bdrm units. Market GSI is $129,600 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/118492280
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4271 4275 Rosilyn Drive Los Angeles (City), CA 90063

  • Price: $1,500,000
  • Status: Active
  • ID#: PW21132884
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1960
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Two side-by-side triplexes on separate lots/separate APN's. Obtain separate triplex financing for each property. 4271 Rosilyn consists of a 2 bdrm 1 bath house in front and two 1 bdrm 1 bath units behind. 4275 Rosilyn consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Five covered carports for parking. Located in the up-and-coming City Terrace area. All units have separate gas meters and electric meters. Current rents are low. Lots of room to increase rents and increase value. Market rents are $2,000 for 2 bdrm units and $1,700 for 1 bdrm units. Market GSI is $129,600 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways.
Exterior Features

Carport Spaces 5 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Parking Features AssignedDetached Carport Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 4.21 Common Interest None Community Features CurbsGutter(S)Street LightsSuburbanSidewalks Current Financing Conventional Garage YN No Gross Income 86640 Gross Scheduled Income 86640 Insurance Expense 0 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 63248 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 21660 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 86640 Trash Expense 0 Vacancy Allowance 1732 Vacancy Allowance Rate 2 Water Sewer Expense 0 Water Source Public Zoning Lcr3*

Listing provided courtesy of Michael Lembeck of Re/Max Property Connection


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
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13330 Ranchero Rd. Ste 12
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