6 bedroom house for sale

Overview

Its prime location near USC, Downtown LA, Koreatown, and Echo Park ensures a diverse pool of prospective tenants

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 and $2, 000, respectively), along with two (2) 1-bedroom, 1-bathroom units (currently rented at $1, 350 and 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.