265 E 45th St, Los Angeles, CA 90011

Property Description

Cash Flowing Triplex with Long-Term Tenants! Centrally located near Downtown Los Angeles in a desirable rental area of South Park, this three-unit property offers investors a unique opportunity for a potentially huge upside in rental increases. One of the two bedrooms 1 bath unit is recently renovated with new kitchen, new bathroom, new windows, new flooring and new paint. the other two tenant occupied units do need TLC and will be sold “as-is.” Two of the spacious units each include two bedrooms, one bathroom, and one carport space, while one unit has one bedroom and one bathroom. All units feature tons of natural light, a neutral color scheme, a sizeable living room, and an eat-in kitchen with ample cabinetry and solid surface countertops. In addition to the 2-car carport parking, the double-wide driveway provides easy access, as well as parking options for guests. Other features: gated parking, separate gas meters, separate electric meters, storage throughout, only steps from grocery stores, fast food choices, restaurants, South Park Recreation Center, and gas stations, quick 10-minute drive from Downtown Los Angeles, close to shopping, I-110, schools, and entertainment, and so much more! Ideal for savvy investors looking to add cash flowing assets to their portfolio, this “as-is” triplex delivers with long-term tenants and the potential for rental increases.