Property Detail
Description
Extremely rare Triplex in highly sought after Ladera Heights now with fully Approved Plans! This is an investors dream to have a fully vacant income property delivered with approved plans for the remodel. Bring your contractor and start right away on the remodel. Located near the La Cienega corridor this Triplex property contains 3 large units of 1500-2000 sq ft. each. Approved plans call for adding a bedroom and bath to each existing floor-plan without adding square footage. The end result with be Two - 3 bedroom 3 bath units and One - 4 bedroom 3 bath unit, totaling almost 5200 sq ft. Each unit is very open and spacious and have their own two car garage parking. The is a great location close to the freeway for commuter access, or about 10 minutes to LAX, 8 minutes to SoFi, all along the newly redeveloped part of La Cienega and Slauson Ave. Once your renovation is complete you will be able to secure the very top of the market in rents helping you achieve a 5% (or better) CAP rate. Property will be delivered fully vacant with interior demo having already been completed on 2 of the 3 units. Please see Floorplans/Plans in Supplements Please call direct to schedule your private viewing.
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Listing provided courtesy of Sean Haghi of Elements Real Estate. Last updated 2024-11-27 09:11:19.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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