1731 S NEW ENGLAND STREET, LOS ANGELES, CA 90006

1731 S New England Street
Los Angeles, CA 90006

$765,000

Beds: 5
Baths: 4
Sq. Ft.: 1,704
Type: Single Family Home
Listing #RS18029501
PRICE REDUCED--Unique SFR w/ Business Income Potential--5 Bedroom 4 Bathroom Single Family Home w/ detached Guesthouse and Attic upgrade for sale, currently being used for owner-operated 14 Bed Independent Living Home. Home currently generates $6500 per month rental income, many cash-paying residents, limited owner involvement, house mostly runs and manages itself autonomously. House can be delivered vacant or business/residents and rental income can come with the house. Business comes with Coin op washer/dryer, furnishings, cable in every room, indoor/outdoor video surveillance, and referrals in place to fill vacancies. Near the new University Village and Trader Joes. Property has been well maintained over the years, features all copper plumbing and updated electrical. Termite completion report in hand. Located in RD 1.5 Zoning, within Transit Priority Area so developers take note. Property looks much bigger than 1704, buyer to verify all square footage and permits. Sold as is. $765k, whether delivered empty or furnished w/residents & rental income.
Property Features
Location Information
County: Los Angeles
MLS Area: Mid Los Angeles
Community: Curbs, Sidewalks
Directions: North of Venice and East of Vermont
Interior Features
Common Walls: No Common Walls
Windows/Doors Description: Doors: , Windows:
Rooms: Kitchen, Living Room, Master Suite
Full Baths: 4
Has Fireplace: yes
Fireplace Description: Living Room
Cooling: None
Laundry: Inside
Exterior Features
Stories: One
Construction: Stucco
Foundation: Slab
Water Source: Public
Has Garage: No
Garage Spaces: 0
Parking Spaces: 0
Has a Pool: No
Pool Description: None
Lot Description: Front Yard, Walkstreet, Yard
Lot Size in Acres: 0.106
Approximate Size (Sq. Ft.): 1, 704
Lot Size in Sq. Ft.: 4, 637
Zoning: LARD1.5
Condition: Turnkey
Has View: yes
View Description: Neighborhood
Is One Story: yes
School
School District: Los Angeles Unified
Additional Information
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 1912
APN: 5056017013
Status: Active
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2018-02-07 00:00:00.0


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Monthly Insurance: $
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This listing is courtesy of: Alvin Mullins Your Home Team Real Estate - CA BRE # shown above if in IDX data
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©2018 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 21, 2018 1:32 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.