10410 Baring Cross Street, Los Angeles, CA 90044
Triplex · 3 recorded sales since 2022
Sold January 2024
Listing Agent: Daniel Howard (DRE #01880426) · Listing Office: Compass · Contact: 310-652-6285 · Bought with: Sameer Jafri · Professional Realty Services International, Inc. · MLS #DW23203893 · Source: CRMLS
About this triplex
UPDATE: FRONT HOUSE WILL BE VACANT, IF INTERESTED, MUST CONTACT ME BEFORE 11/24. 2 Units are occupied generating $5400 already. Welcome to this incredible investment opportunity in the heart of Los Angeles! This impressive three-unit property is a true gem, showcasing a lucrative income potential with its current gross rents of $8,200 per month and remarkably low operating expenses. Situated in a strong rental market location, this property offers convenience and accessibility to all that Los Angeles has to offer. 3 separate detached units, completely remolded, new floors, windows, electrical, plumbing, roofs, vinyl fencing, corner lot with ample parking, and most importantly, high-paying section 8 tenants. This is a turnkey investment, with no overhead for the owner outside of landscape, insurance and taxes. This is perfect for a 1031 exchange, exchanging maybe a lower income producing, high maintenance property to something like this where all you have to do is buy it, and money will come in! The property is a duplex + a permitted ADU making it 3 units!
Listing description from the January 2024 sale, as reported to CRMLS.
Sale history
