1718 New England Street, Los Angeles

$1,280,000

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6 Beds
4 Baths
.18 Acre
0 Garage

Welcome to 1718 S New England, a renovated fourplex boasting good cash flow, situated in the Pico-Union neighborhood. This property offers the flexibility of arriving fully leased at market rates. This property sits on a spacious LARD1.5 lot spanning 7,937 square feet. Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants. The unit configuration comprises two (2) 2 bedroom, 1 bathroom units (currently leased at $2,300 & $2,000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1,350 & 1,300). These units boast numerous updates, such as new stainless steel appliances, laminate flooring, granite countertops, recessed lighting, tankless water heaters, double-paned windows, and recently installed electric panels for units 1722 and 1722 1/2.

Essential Information

MLS® #
PW23228656
Price
$1,280,000
Bedrooms
6
Bathrooms
4.00
Acres
0.18
Year Built
1902
Type
Residential Income
Sub-Type
Quadruplex
Status
Active

Community Information

Address
1718 New England Street
Area
WLA - West Los Angeles
City
Los Angeles
County
Los Angeles
Zip Code
90006
Senior Community
N

Community Features

Curbs, Street Lights, Sidewalks

Amenities

Parking Spaces
6
View
Neighborhood
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

Interior
Laminate, Tile
Appliances
Gas Range
Fireplaces
None
# of Stories
1
Stories
One

Exterior

Lot Description
Street Level

Additional Information

Date Listed
February 26th, 2024
Days on Market
61
Zoning
LARD1.5

Listing Details

Agent
Daniel Jung
Office
Priming Capital Realty

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Daniel Jung - Priming Capital Realty

Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 1:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.