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1054 W 45th StreetLos Angeles, California CA90037-2405

Listing IDDW20171388

3,617 SqFt 0.170 Acres

$1,235,000$45K

CASH COW PROPERTY!!! $117,300 Gross Income. CAP Rate is 7.48!! This FULLY REMODELED property is located close to USC. Property contains 2,081 sqft 2-story home (6 beds + 3 baths) & a 1,536 sqft 2-story Duplex (2 beds + 1 bath for each unit). All upgrades throughout the property have been done with permits & approved by Building & Safety Dept. The following have been done recently: interior framing, copper plumbing, abs lines, gas lines, insulation, dual-paned windows, drywall, recessed lighting, high-grade wax-coating, laminate & tile flooring, paint, cabinets & counters, sinks, faucets, tankless water heaters, laundry washer/dryer hookups, 3-car Mesa garage doors, new electrical panels for house & garage. Note, plumbing on each unit have separate copper lines (making it very easy to put separate meters on each unit). Private parking for 12 cars (3 garage, 8 in driveway, 1 carport). TV & 16 camera security system wiring throughout. LOCATION is near USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the Banc of Ca Stadium (home to the LAFC) as well as the $1 Billion George Lucas Museum of Narrative Art and much more. Previously rented to students at $1,000 per room. Front house is owner occupied and rear units have tenants (month-to-month contracts). Front house (6 beds, 3 baths) to be delivered vacant. Duplex (2 beds, 1 bath each) will be delivered occupied. Please do not Disturb the tenants & do not walk the property.
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