• 1718 S New England Street Los Angeles, CA 90006

  • $1,280,000
  • 6
    Bed(s)
  • 4
    Baths
  • 2,211
    Sq Ft
  • 7939
    Sqft
  • Listed By: Daniel Jung, Priming Capital Realty, DRE #01873455
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1061748472 1 2 1 0
2 1061748472 1 2 1 0
3 1061748472 1 1 1 0
4 1061748472 1 1 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Property Appliances: Gas Range

Fireplace: None

Flooring: Laminate,Tile

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1902

Building Area Total: 2,211

Security Features

Security Gate

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1823

Lot Size Source: Assessor

Lot Size Square Feet: 7939

Listing Price Information

Original List Price: 1,280,000

Listing Contract Date: 2024-02-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5056014017

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: WLA - West Los Angeles

Postal Code Plus 4: 5312

Directions: S. New England & North of Washington Blvd.

Zoning: LARD1.5

Source Property Type: Residential Income

Area: WLA - West Los Angeles

Property SubType: Quadruplex

Building and Construction

Property Age: 122

Common Walls: 2+ Common Walls,No One Above,No One Below

Property Condition: Updated/Remodeled

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: Front

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 S Vermont Avenue, Los Angeles, CA,90006 $2,600,000 -- -- -- 12750 Sqft
1833 W Pico Boulevard, Los Angeles, CA,90006 $1,350,000 -- -- -- 6247 Sqft
980 S Oxford Avenue #403, Los Angeles, CA,90006 $770,000 3 2 1,324 15497 Sqft
1661 S Normandie Avenue, Los Angeles, CA,90006 $1,200,000 2 1 3,396 6208 Sqft
1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
1125 S Lake Street, Los Angeles, CA,90006 $968,000 9 4 4,117 8579 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft

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ByOwner last updated this listing 05/16/2024 @ 14:43

MLS: PW23228656
LISTED BY: Daniel Jung, Priming Capital Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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