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    4275 Rosilyn Drive

    Los Angeles (City), CA 90063
    • $750,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: PW21148831
    $750,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Well located 3 units. Units consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Four 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 $64,800 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways. Also available - 3 units next door 4271 Rosilyn Dr. Same unit mix, same price. The two properties have separate APN's but must be purchased together by the same buyer. Obtain separate triplex financing for each property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-22T00:28:19.707. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/119111880
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    4275 Rosilyn Drive Los Angeles (City), CA 90063

    • Price: $750,000
    • Status: Active
    • ID#: PW21148831
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1961
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Well located 3 units. Units consists of one 2 bdrm 1 bath and two 1 bdrm 1 bath units. Four 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 $64,800 annually. Only 11.5 x gross and 6.3% cap rate on market rents. Located close to shopping, schools and freeways. Also available - 3 units next door 4271 Rosilyn Dr. Same unit mix, same price. The two properties have separate APN's but must be purchased together by the same buyer. Obtain separate triplex financing for each property.
    Exterior Features

    Carport Spaces 4 Carport YN Yes Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall Fireplace Features None Fireplace YN No

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsParkStreet LightsSuburbanSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 38400 Gross Scheduled Income 38400 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanConventional Net Operating Income 28032 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 9600 Rent Control YN Yes Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Trash Expense 0 Vacancy Allowance 768 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 2021-09-22T00:28:19.707. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505