3429 Percy Street
Los Angeles, CA 90023
8998 sqft | 20 beds | 0.21 acres | #24442895
Description
Turn-Key! Cash Flowing! Fully Occupied! Unique in-trend investment opportunity located on a quiet cul de-sac on Percy Street in the 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 8-Plex consisting of three Duplexes + two Modern 1 Bed 1 Bath ADU's built in 2023 with circular staircases leading tenants up to their own private rooftop balcony! Interiors of the 3 Bed 2 Bath duplexes are designed with an open floor plan with high ceilings, showroom kitchen and finishes, upper unit private balcony with city views. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are professionally landscaped, gated, and secured. Above average Cap Rate in LA of 7.53 % with an immediate $23,011/mo Annual Gross Income of $276,132. Additional photos/info visit: LiveOnPercy.com
Property Details
- Lot DescriptionLandscaped, RectangularLot
- InteriorCathedralCeilings
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Exterior MaterialsRainGutters
- CountyLos Angeles
- Original List Price$2,995,000
- MLS #24442895
- MLS #24442895
- Cost2995000
- Acres0.2066
- Utility SourcePublic
- Sewer InformationOther
- Square Feet8998
- Year Built2017
- Bedrooms20
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Crystal Hayes (#CLW-C135539)
Listing Office: Christie's International Real Estate SoCal (#CLW-X83391)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
