4319 Triggs Street

Los Angeles, CA 90023

$1,000,000
Last Sold Price
8
Beds
7
Baths
3,768 Sq. Ft.
$265 / Sq. Ft.
3,768
Sq. Ft.
$265
per Sq. Ft.

Description

Highlights:-HARD-TO-FIND current cap rate of 6.07% and GRM of 11.8 ! No TRASH BILL. No gas bill. No SEISMIC RETROFIT NEEDED ! All units have individual water heaters. Seven legal units and one non-conforming unit -Potential of turning the non-conforming unit into ADU( Buyer to verify independently)-Property is gated and secured-100% rent collection-Three units have private yards-THIS IS PROBABLY THE BEST PRICED-PROPERTY ON THE MARKET TODAY.Highlights:-HARD-TO-FIND current cap rate of 6.07% and GRM of 11.8 ! No TRASH BILL. No gas bill. No SEISMIC RETROFIT NEEDED ! All units have individual water heaters. Seven legal units and one non-conforming unit -Potential of turning the non-conforming unit into ADU( Buyer to verify independently)-Property is gated and secured-100% rent collection-Three units have private yards-THIS IS PROBABLY THE BEST PRICED-PROPERTY ON THE MARKET TODAY.
  1. Listed by Jeanette Monfared • DRE #00765098 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 4319 Triggs Street

Zoning
LCR4YY
Parcel Number
5241020017
Total Units
8.0
Living Area
3768
Source Living Area
Assessor
Area
East LA
Vacancy Rate
0%
Lot Size Area
7493

Location

Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098

Sold By Marcus & Millichap, Jeanette Monfared, DRE #00765098

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LISTING UPDATED: 07/26/2021 02:50 PM

Property Details for 4319 Triggs Street

StatusSold
MLS #21-726792
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.17 AC / 7,493 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098

Sold By Marcus & Millichap, Jeanette Monfared, DRE #00765098

Add your commute

Building Information for 4319 Triggs Street

Stories2Residences-Year Built1929Building Size-Lot Size0.17 AC / 7,493 SF

Payment Calculator

$6,762 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,305

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4319 Triggs Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 8
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $92,904
  • Net Operating Income: $66,707.00
  • Gross Income: $92,904
  • Cap Rate: 5.58%
  • Gross Rent Multiplier: $12.86
  • Total Annual Expense: 23410
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.172
  • Lot Size Square Feet: 7493
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate
  • Total Parking: 8
  • Parking Features: Auto Driveway Gate
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins
Exterior Features
Exterior Features
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 05-03-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,236.00
  • Unit Actual Rent: $1,236.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $993.00
  • Unit Actual Rent: $5,956.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $550.00
  • Unit Actual Rent: $550.00
  • Unit Projected Rent: $1,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 4319 Triggs 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 4319 Triggs Street

Taxable ValueLand$520,200Additions$499,800Total$1,020,000
Tax Record2023$15,657 ($1,305 / month)
Home Facts
Total Finished SqFt3,768 SqFtAbove Grade Finished SqFt3,768 SqFtLot Size7,493 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningLCR4YYCountyLOS ANGELESAPN5241-020-017

Schools near 4319 Triggs Street

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

KIPP Academy Of Innovation
Charter5 to 8

James A. Garfield Senior 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098

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.