1704 West Jefferson Boulevard

Los Angeles, CA 90018

$1,599,999
Last Sold Price
6
Beds
6
Baths
3,300 Sq. Ft.
$485 / Sq. Ft.
3,300
Sq. Ft.
$485
per Sq. Ft.

Description

Brand new construction! High potential cashflow & cap rate in usc neighborhood.... Call me for details! Motivated seller! MODERN RARE TRIPLEX just minutes from USC. 3 light filled, bright units consisting of 2 bedrooms and 2 bathrooms each. 6 bedrooms and 6 bathrooms make for a perfect investor mix. This area already boasts high rental rates....but seller is also negotiating with student housing brokers to possibly have all units pre-leased for the 2021'2022 USC school year for an even more impressive...Brand new construction! High potential cashflow & cap rate in usc neighborhood.... Call me for details! Motivated seller! MODERN RARE TRIPLEX just minutes from USC. 3 light filled, bright units consisting of 2 bedrooms and 2 bathrooms each. 6 bedrooms and 6 bathrooms make for a perfect investor mix. This area already boasts high rental rates....but seller is also negotiating with student housing brokers to possibly have all units pre-leased for the 2021'2022 USC school year for an even more impressive CAP rate & monthly cashflow. Also comes with open carport spaces for all units. ADU ADDITON POSSIBLE for even more revenue. Seller willing to cover PITI for first 6 months (with certain limitations). What does that mean? Mortgage covered for the first 6 months while you get property ready for USC students or add that ADU. We are bringing certainty to uncertain times. Don't hesitate to go take a look at this gem! Ideal layout for roommates and students. Lots of living space and great kitchens complete these amazing units. Each unit has a distinctive layout giving renters a plethora of options.
  1. Listed by Sonia Ramirez • DRE #02031080 • Brokerage DRE #01918605 • Alta Mira Realty, Inc.

Property Details for 1704 West Jefferson Boulevard

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3300
Assessor Parcel Number
5041-003-037
Property Attached YN
true

Location

Listing Courtesy of Alta Mira Realty, Inc., Sonia Ramirez, DRE #02031080

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

Add your commute
LISTING UPDATED: 01/08/2022 07:09 PM

Property Details for 1704 West Jefferson Boulevard

StatusClosed
MLS #PW20260512
Days on Market72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2019
Lot Size0.11 AC / 4,700 SF
CountyLos Angeles County

Location

Listing Courtesy of Alta Mira Realty, Inc., Sonia Ramirez, DRE #02031080

Sold By Yee San Lisa Leung, BROKER, Yee San Lisa Leung, DRE #01821309

Add your commute

Building Information for 1704 West Jefferson Boulevard

Stories2Residences-Year Built2019Building Size-Lot Size0.11 AC / 4,700 SF

Payment Calculator

$9,571 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$839

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1704 West Jefferson Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $93,600
  • Gross Scheduled Income: $93,600
  • Net Operating Income: $74,888
  • Financing: Conventional
Expense Details
  • Operating Expense: $18,712
  • New Taxes Expense: $18,712
  • Insurance Expense: $0
  • Trash Expense: $0
  • Total Expenses: $18,712
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 312
  • Tax Census Tract: 2225.00
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Range Hood, Tankless Water Heater
  • Equipment: Inside
  • Interior Features: Ceiling Fan(s)
  • Water Heater Features: Tankless
  • Water Heater Type: Tankless
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: ENERGY STAR Qualified Equipment
  • Heating: Gravity, ENERGY STAR Qualified Equipment
  • Heat Equipment: Wall/Gravity
  • Flooring: Laminate
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 1704 West Jefferson Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1704 West Jefferson Boulevard

Taxable ValueLand$196,377Additions$609,479Total$805,856
Tax Record2023$10,074 ($839 / month)
Home Facts
Total Finished SqFt3,405 SqFtAbove Grade Finished SqFt3,405 SqFtLot Size4,680 SqFtStyleTriplexYear Built2019ZoningLARD1.5CountyLOS ANGELESAPN5041-003-037

Schools near 1704 West Jefferson Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Charter - K to 5
Public - 1 to 5
Rating
School
Distance
Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

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.

Similar Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alta Mira Realty, Inc., Sonia Ramirez, DRE #02031080

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.