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4415 Exposition Boulevard

Los Angeles (City), CA 90016
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 84 Days
  • ID#: SB21160344
Under Contract
UPDATED: 59 min ago
$1,800,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Designer Triplex located in trendy West Adams/Jefferson area. 4415 Exposition is an investors dream as a portfolio addition. This stunningly modern property was fully remodeled with permits, taken down to the frame and rebuilt with all the bells and whistles. This includes all new electrical, plumbing, HVAC, roof and water heaters for each unit. The units are all spacious 2-bedroom 1-bath floorplans with custom kitchens, modern bathrooms, custom flooring and LED lighting. There are two outdoor common areas to lounge and BBQ at that your tenants will love. Each unit also has its own garage with EV Charging. The landscaping is hassle free and all the utilities are separately metered as well. Currently, the property enjoys two new tenants in the back units while the front and largest unit is unoccupied. This also allows for an investor who wants to live in the front unit to call this home. The Metro line is right outside your door with major stops in Culver City, Santa Monica and Downtown LA, all within minutes of each other. To be able to commute via the Metro to work or for recreation is a huge selling point for tenants who no longer want to live and pay the high rental prices for the beach or downtown. This is truly a must-see property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T09:27:11.563. 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 Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/119675189
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4415 Exposition Boulevard Los Angeles (City), CA 90016

  • Price: $1,800,000
  • Status: Active Under Contract
  • Updated: 59 min ago
  • ID#: SB21160344
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1946
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Designer Triplex located in trendy West Adams/Jefferson area. 4415 Exposition is an investors dream as a portfolio addition. This stunningly modern property was fully remodeled with permits, taken down to the frame and rebuilt with all the bells and whistles. This includes all new electrical, plumbing, HVAC, roof and water heaters for each unit. The units are all spacious 2-bedroom 1-bath floorplans with custom kitchens, modern bathrooms, custom flooring and LED lighting. There are two outdoor common areas to lounge and BBQ at that your tenants will love. Each unit also has its own garage with EV Charging. The landscaping is hassle free and all the utilities are separately metered as well. Currently, the property enjoys two new tenants in the back units while the front and largest unit is unoccupied. This also allows for an investor who wants to live in the front unit to call this home. The Metro line is right outside your door with major stops in Culver City, Santa Monica and Downtown LA, all within minutes of each other. To be able to commute via the Metro to work or for recreation is a huge selling point for tenants who no longer want to live and pay the high rental prices for the beach or downtown. This is truly a must-see property.
Exterior Features

Architectural Style Contemporary Construction Materials Copper Plumbing Exterior Features LightingRain Gutters Fencing New ConditionPrivacyWoodWrought Iron Lot Features Front YardLandscapedNear Public TransitStreet Level Number Of Separate Electric Meters 4 Parking Features Door-MultiGarageGarage Door OpenerGated Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances DishwasherFree-Standing RangeDisposalGas OvenGas Water HeaterMicrowaveRefrigeratorDryerWasher Common Walls 1 Common WallNo One Above Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateWood Heating CentralNatural Gas Heating YN Yes Interior Features Open FloorplanStone CountersWired For Data Window Features Double Pane WindowsDrapesScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Cap Rate 4.25 Common Interest None Community Features CurbsGutter(S)Street Lights Disclosures Rent Control Electric Standard Electric Expense 600 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 101880 Insurance Expense 2500 Land Lease YN No Laundry Features In Kitchen Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalSubmit Maintenance Expense 1500 Net Operating Income 71988 New Construction YN No New Taxes Expense 20204 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 4 Number Of Units Leased 2 Operating Expense 27854 Other Expense 750 Pest Control Expense 500 Pool Expense 0 Property Condition Updated/RemodeledTurnkey Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Security GateKey Card EntrySmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays All Utilities Total Actual Rent 5490 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedOverhead Utilities Vacancy Allowance 2038 Vacancy Allowance Rate 2 Water Sewer Expense 600 Water Source Public Zoning Lar3

Listing provided courtesy of Scott Niles of Elements Real Estate and Sean Haghi of Elements Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T09:27:11.563. 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 Keller Williams Realty. Licensed in the State of California, USA.
 
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