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El Sereno Triplex for Sale - Investor Opportunity
SOLD - $845,000
2727 Phelps Ave.
El Sereno, CA 90032
Listing price: $865,000
Clean, stylish 3-unit building with a 12.6 Gross Rent Multiplier and low maintenance. The building offers one of the highest rent returns in the area. Situated in a quaint El Sereno neighborhood, it has modern updates. Separately metered for gas & electric with four 1-car garages with alley access and a gated yard. Each unit has laundry. Common areas are solid surface-polished concrete or newer laminate. Each unit has an option for dedicated outdoor space. All these amenities equal an easy to rent unit with happy tenants. Close to USC Medical and Cal State LA.
Due to current showing restrictions, please view 3-D tour and look at Google Maps street view. We also request that your client drive by the property before submitting an offer. Call with any questions. All offers are subject to interior inspection.
2-story with a total of 2,200 square feet on a 5,000 square foot lot.
12.6x GRM - approximate
Good condition - all units
Market rents - good rents - call for details
For more info please email us at
OR call 323-386-4663
Thanks, Darren and Joe
El Sereno Apartment for Lease-4310 Lowell #7
4310 Lowell Ave., Apartment 7
El Sereno, CA 90032
Newly remodeled 2 bed/1 bath in a quaint 11-unit Mid-century courtyard building. Off-street parking is included and there is also a laundry room. This second-floor unit has new flooring, paint and kitchen and bath have been refreshed. Almost 750 square feet with large eat-in kitchen, bar seating and gas stove. Lots of light from this northwest facing unit. Landscaped courtyard with street facing hills. Centrally located to South Pasadena, Highland Park and Alhambra with a short drive to downtown Los Angeles.
MLS #: 19-443294
Rent: $1,995 per month
Security Deposit: $3,000
Availability: As soon as possible
Contact to arrange a showing:
team@urbanhillsides.com
323.489.6810
