1805 South New England Street

Los Angeles, CA 90006

$3,250,000
Price
20
Beds
19
Baths
7,719 Sq. Ft.
$421 / Sq. Ft.
7,719
Sq. Ft.
$421
per Sq. Ft.

Description

Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and...Introducing a prime building located near USC, featuring three units, each comprising five bedrooms and five bathrooms, and one unit with five bedrooms and four en-suite bathrooms. All units boast open layouts and high ceilings, with three garages and five uncovered guest parking spaces. Each unit is equipped with its own utility meters, ensuring separate billing. Fully furnished with modern amenities, including sleek stainless steel appliances, this secure gated property offers peace of mind and convenience. With a favorable cap rate at full occupancy, estimated around 6.7%, this investment promises lucrative returns. Its proximity to the freeway ensures easy access to surrounding areas, while its affordability makes it an attractive option for renters. Currently with an 80% occupancy rate, this property presents a compelling opportunity for both investors and residents alike. Due to selling the property, 7 rooms out of 20 are vacant, and the seller is not accepting any applications at this time.
  1. Listed by Danial Yasrebi • DRE #01916324 • Brokerage DRE #01896421 • Realty One Group West • 949-303-8505

Property Details for 1805 South New England Street

Architectural Style
Modern
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 09/20/2024 07:21 AM

Property Details for 1805 South New England Street

StatusActive
MLS #OC24092010
Days on Market185
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built2021
CountyLos Angeles County

Building Information for 1805 South New England Street

Building/Complex1805 S New England StFloor-Stories3Residences-Pet Policy-Year Built2021Building Size-

Property Information for 1805 South New England Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $289,846
  • Gross Scheduled Income: $289,846
  • Vacancy Allowance: 3768
  • Gross Operating Income: $188,400
  • Net Operating Income: $138,750
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Cap Rate: 6.7
Expense Details
  • Operating Expense: $49,650
  • Insurance Expense: $4,762
  • Trash Expense: $1,200
  • Total Expenses: $14,362
Tax / Assessment Info
  • Tax Tract Number: 26
  • Tax Census Tract: 2211.20
  • CFD/Mello-Roos Fee: $284
  • Tax Lot: 26
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Equipment: Dishwasher, Dryer, Dryer Included, Freezer, Microwave, Refrigerator, Washer, Washer Included
  • Interior Features: Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Room Type: Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Fireplace Features: None, Gas
  • Fireplace Rooms: Gas, None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile
Exterior Features
  • Window Features: Double Pane Windows
  • Roof: Flat
  • Entry Location: street
  • Fence: Yes
  • Fencing: New Condition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Green Energy Efficient: Appliances
Land/Lot Info
  • Lot Features: Landscaped, Level with Street, Sprinklers Drip System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Levels: Three Or More
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Electric: Electricity Available, Water Available
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Parking Space, Private
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Parking Space, Private
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,525
  • Unit Type Total Rent: $6,275
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,450
  • Unit Type Total Rent: $5,750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Furnished
  • Unit Type Actual Rent: $5,750
  • Unit Type Total Rent: $5,750
  • Unit Type Pro Forma: 6125
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Furnished
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $6,550
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 13
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4

Property History for 1805 South New England Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1805 South New England Street

Taxable ValueLand$1,040,400Additions$1,767,639Total$2,808,039
Tax Record2024$33,969 ($2,831 / month)
Home Facts
Beds3Total Finished SqFt1,170 SqFtAbove Grade Finished SqFt1,170 SqFtStories1Lot Size6,605 SqFtStyleSingle Family ResidenceYear Built1902ZoningLARD1.5CountyLOS ANGELESAPN5056-016-018

Schools near 1805 South New England Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1805 South New England Street is a townhouse for sale in Los Angeles, CA 90006. This property was listed for sale on May 21, 2024 by Realty One Group West, it's currently listed at $3,250,000. It has been on the market for a total of 185 days and was last sold on July 22, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Magnolia Avenue Elementary School, Berendo Middle School and West Adams Preparatory High School. 1805 South New England Street is a 20-bed, 19-bath, 7,719 sqft townhouse built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group West, Danial Yasrebi, DRE #01916324

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.