Brand new construction - No rent control - All units delivered vacant. This newly built, turn-key investment property is situated on a securely gated lot in close proximity to the 10 freeway, public transportation, DTLA and USC campus. 3 large units offer the savvy investor a unique opportunity to rent to students (USC campus less than a mile) or working professionals with roommates, or families. Two separate buildings with a large 2-story front house (1916) 4 bed+3.5 baths (2 bedrooms w/ensuite private bath) open floorplan, brand new kitchen with built-in SS appliances, washer/dryer hookups, front patio area, 2-car garage parking. The rear duplex (1912 & 1914) offers 3 Bed + 2 bath (lower unit) and 3 Bed + 3 bath (upper unit) open floorplans, private W&D hookups, new kitchen w/SS built-in appliances, and 2 open parking spaces each. Separately metered for G&E, tankless water heaters, central heat/AC, private patio areas for each. Strong positive cash flow potential for investors.

Cross Streets N Of Adams And E Of Western Ave Direction Faces North Garage Structures Total 1 Lot Description Automatic GateFencedLot-Level/Flat Lot Size Area 6660 Other Structures None Parking Garage Auto Driveway GateDetachedDoor OpenerGarage - 2 CarTandemSide By SideUncovered Patio Features Patio Open Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Contemporary Total Parking 6

Bathroom Features Shower StallShower Over TubLow Flow Toilet(S)Double Vanity(S) Baths Total 9.00 Bedroom Features Master Suite Common Walls Detached/No Common Walls Cooking Appliances Built-In And Free StandingMicrowaveBuilt-In GasRange Cooling Air ConditioningCentral Den No Dining Room No Equipment Built-InsGarbage DisposalDishwasherGas Dryer HookupMicrowaveRange/OvenRefrigeratorStackable W/D Hookup Family Room No Fireplace Rooms None Flooring Mixed Heating CentralForced Air Interior Features Built-InsTurnkey Kitchen Features Remodeled Laundry In UnitInside Rooms Dining AreaLiving RoomMaster BedroomCenter HallBreakfast Bar Water Heater Features Tankless Windows Double Pane Windows

Alley YN No Assessed Total Value 408000 Gross Income 151200 Gross Operating Income 146664 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 111465.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Gardener Property Condition New Construction Rent Control YN No Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S)Fire SprinklersSmoke DetectorExterior Security Lights Sewer In Street Source Living Area Builder Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricityWater Total Annual Expense 35199 Type Of Units 3 Units Water DistrictMeter On Property Water Heaters YN Yes Year Built Source Builder Zoning Lard2

Listing provided courtesy of Gary Tani DRE#00790615 of Coldwell Banker Spectrum.

Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-03T13:42:57.327. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

1912 W 23Rd St

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1912 W 23Rd St Los Angeles, CA 90018

Property Description

Cross Streets	N Of Adams And E Of Western Ave
Direction Faces	North
Garage Structures Total	1
Lot Description	Automatic Gate Fenced Lot-Level/Flat
Lot Size Area	6660
Other Structures	None
Parking Garage	Auto Driveway Gate Detached Door Opener Garage - 2 Car Tandem Side By Side Uncovered
Patio Features	Patio Open
Pool Description	None
Pool YN	No
Roof	Composition Shingle
Spa	None
Spa YN	No
Style	Contemporary
Total Parking	6

Bathroom Features	Shower Stall Shower Over Tub Low Flow Toilet(S) Double Vanity(S)
Baths Total	9.00
Bedroom Features	Master Suite
Common Walls	Detached/No Common Walls
Cooking Appliances	Built-In And Free Standing Microwave Built-In Gas Range
Cooling	Air Conditioning Central
Den	No
Dining Room	No
Equipment	Built-Ins Garbage Disposal Dishwasher Gas Dryer Hookup Microwave Range/Oven Refrigerator Stackable W/D Hookup
Family Room	No
Fireplace Rooms	None
Flooring	Mixed
Heating	Central Forced Air
Interior Features	Built-Ins Turnkey
Kitchen Features	Remodeled
Laundry	In Unit Inside
Rooms	Dining Area Living Room Master Bedroom Center Hall Breakfast Bar
Water Heater Features	Tankless
Windows	Double Pane Windows

Alley YN	No
Assessed Total Value	408000
Gross Income	151200
Gross Operating Income	146664
Like Units1	1
Like Units2	1
Like Units3	1
Net Operating Income	111465.00
Number Of Buildings	2
Number Of Units	3
Owner Pays	Gardener
Property Condition	New Construction
Rent Control YN	No
Sale Type	Standard
Security Features	Automatic Gate Carbon Monoxide Detector(S) Fire Sprinklers Smoke Detector Exterior Security Lights
Sewer	In Street
Source Living Area	Builder
Source Lot Size Area	Vendor Enhanced
Source Lot Size Dimensions	Vendor Enhanced
Tenant Pays	Gas Electricity Water
Total Annual Expense	35199
Type Of Units	3 Units
Water	District Meter On Property
Water Heaters YN	Yes
Year Built Source	Builder
Zoning	Lard2