1758 S New England Street

Los Angeles, CA 90006

  • 7 Bed(s)
  • 0 Bath(s)
  • 4,494 Sqft
  • 7950
    Sqft(Lot)
$949,000

Description

Fantastic value-add and owner/user opportunity at 1758 s new england street - a five unit multifamily investment located in the pico-union area of los angeles. the property has two buildings that consist of one (1) three-bedroom single family home and four (4) one-bedroom units. a one-bedroom unit is currently vacant and will remain vacant for a potential owner/user or a new investor. the property totals 4,494 sf and sits on a 7,947 sf lot with a total of 6 open parking spaces. there is private financing available for the subject property for a new buyer or an owner/user. the owner has upgraded the property with the following: electrical (service, main panel, and sub-panels), copper plumbing in the units, new windows, newer roof replacements, and more (buyer to verify and conduct due diligence). further, the subject property has tremendous rental upside with a pro forma grm of 8.15 and cap rate of 8.94%.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48468479

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning
  • Building Information

    • Year Built: 1913
    • Building Area Total: 4,494
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1825
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7950
  • Listing Price Information

    • Original List Price: 949,000
    • Listing Contract Date: 2025-01-30

    Lease Information

    • Listing Agreement: Seller Reserved
  • Tax Information

    • Parcel Number: 5056015021
  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 5312
    • Directions: Northeast of the intersection of Washington Ave and Vermont Ave.
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 112
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4494
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/09/2025 @ 17:17

  • MLS: 25491745
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 4,494 sqft, 7,950 sized lot, and 0 parking. are nearby neighborhoods.