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Listing Details

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School Ratings & Info

Description

Welcome to 1106 W 41st Street. This BRAND NEW CONSTRUCTION is now finished and FULLY RENTED. This ground up duplex is located just minutes from the University of Southern California (USC) and makes for excellent off-campus student housing. This property offers approximately 5,194 of rentable square feet. The attached units both have 8 rooms and 8 bathrooms as well as kitchen, living area, and laundry area each. So there are a total of 16 individual rooms all with their private bathrooms and showers. Rooms come with bed frame, desk and closet. A couple of rooms have a small balcony. The builder has focussed on making the living areas spacious and bright. Kitchen and living area have a great lay-out and come with stainless steel appliances. The inside sprinkler system makes for a safe environment. Livingroom space and kitchen is furnished and has basic kitchen-ware which is included in the sale. There is a gated driveway as well. Of course this brand new building has forced air and heat, a great HVAC system and tankless water heaters. The 3 attached carports and ample parking are behind the gate. FULLY RENTED. This is truly a great investment opportunity to add to your portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
www.thenajargroup.com/homes/116947895
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1106 W 41st Street Los Angeles (City), CA 90037

  • Price: $2,750,000
  • Status: Active
  • Updated: 23 min ago
  • ID#: PW21098850
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2021
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Welcome to 1106 W 41st Street. This BRAND NEW CONSTRUCTION is now finished and FULLY RENTED. This ground up duplex is located just minutes from the University of Southern California (USC) and makes for excellent off-campus student housing. This property offers approximately 5,194 of rentable square feet. The attached units both have 8 rooms and 8 bathrooms as well as kitchen, living area, and laundry area each. So there are a total of 16 individual rooms all with their private bathrooms and showers. Rooms come with bed frame, desk and closet. A couple of rooms have a small balcony. The builder has focussed on making the living areas spacious and bright. Kitchen and living area have a great lay-out and come with stainless steel appliances. The inside sprinkler system makes for a safe environment. Livingroom space and kitchen is furnished and has basic kitchen-ware which is included in the sale. There is a gated driveway as well. Of course this brand new building has forced air and heat, a great HVAC system and tankless water heaters. The 3 attached carports and ample parking are behind the gate. FULLY RENTED. This is truly a great investment opportunity to add to your portfolio.
Exterior Features

Carport Spaces 3 Carport YN Yes Lot Features Front Yard Number Of Separate Electric Meters 2 Parking Features CarportDriveway Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Window Features Double Pane Windows

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Contingency Seller May Do A 1031 Exchange At No Cost To Buyer. Electric 220 Volts Garage YN No Gross Income 201600 Gross Scheduled Income 198000 Inclusions Appliances. Owner Owned Furniture. Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 3600 Net Operating Income 175600 New Construction YN Yes New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 16 Operating Expense 23400 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning Lar2

Listing provided courtesy of Robin Auwerda of Keller Williams Coastal Prop. and Namee Shin of Keller Williams Coastal Proper


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Najar Group | Keller Williams Realty
1014 Broadway Ste C
El Cajon CA, 92021