3648 Percy Street, Los Angeles, CA 90023
Property · 2 recorded sales since 2016
Sold August 2024
Listing Agent: Crystal Hayes (DRE #01960209) · Listing Office: Christie's International Real Estate SoCal · Contact: 424-249-7162 · Bought with: NINGNING FAN · Pinnacle Real Estate Group · MLS #24395811 · Source: CRMLS
About this property
Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!! Located in heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes, and tons of natural light! Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268,500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history
