Pickford Triplex 5415 Pickford St 3 Unit Apartment Building $1,200,000 ($400,000/Unit) 4.69% Cap Rate Los Angeles, CA 90019

Wonderful Investment Opportunity. Located in the mid city neighborhood of Los Angeles conveniently close to downtown LA, Miracle Mile, and Fairfax District. This single level three unit multi family property has been recently renovated and is in excellent condition. Situated on a 7,453 SF corner lot with a 2,256 SF of living space, this property consists of (2) One Bedroom, One Bathroom units and (1) Two Bedroom, One Bathroom unit. The 2 Bedroom unit (5415 Pickford St) has central air and heat (installed 2017), the 1 bedroom units (1568 Hauser Blvd and 5417 Pickford St) have central heat and wall ac units. Three car detached garage with driveway. The units feature living room, remodeled kitchens, newer paint and flooring, inside laundry, and updated bathroom. The two bedroom unit has a private backyard area. Separate electric and gas meters, shared water. Landlord currently pays all utilities. Two tenants are on month-to-month lease agreements and the owner currently lives in the two bedroom unit.