Property · 2 recorded sales since 2014
Listing Agent: John Chelius (DRE #01936287) · Listing Office: John Chelius, Broker · Contact: 310-722-0360 · Bought with: John Chelius · John Chelius, Broker · MLS #PW16036509 · Source: CRMLS
Fully occupied, cash flowing triplex just two blocks from Crenshaw Blvd and the new Metro Crenshaw/LAX light rail line (see Crenshaw/LAX Transit Corridor Map in supplements). Current rents are $1,220, $1,035 and $1,327. One tenant Section 8. Owner pays water and trash. Property was taken down to the studs and remodeled with new interior finishes throughout. 6.0+ CAP rate on current rents. All tenants make timely rental payments and have lived in the property 2+ years. Offers subject to interior inspection. Property is subject to rent control.
Listing description from the April 2016 sale, as reported to CRMLS.