tomo logo

$2,995,000

Beds
20
sq ft
8,998

3429 Percy St, Los Angeles, CA 90023

3429 Percy St

Los Angeles, CA 90023

  • 47 days on market
Turn-Key! Cash Flowing! Fully Occupied! Unique in-trend investment opportunity located on a quiet cul de-sac on Percy Street in the heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 8-Plex consisting of three Duplexes + two Modern 1 Bed 1 Bath ADU's built in 2023 with circular staircases leading tenants up to their own private rooftop balcony! Interiors of the 3 Bed 2 Bath duplexes are designed with an open floor plan with high ceilings, showroom kitchen and finishes, upper unit private balcony with city views. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are professionally landscaped, gated, and secured. Above average Cap Rate in LA of 7.53 % with an immediate $23,011/mo Annual Gross Income of $276,132. Additional photos/info visit: LiveOnPercy.com

Details

Property type

Est. home value

$3,203,417

Lot size

8,998 sq ft

Price per sq ft

$333

Year built

2017

HOA

No

Price History

09/26/2024
CLAW

CLAW #24442895

Listed
$2,995,000

Schools & Community

Neighborhood: 

Boyle Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Financial Partners Cu

Loan start date

November 2020

Original loan amount

$1,995,000

Est. remaining balance

Not provided

Interest rate

2.4%

Loan type

Building or Construction Loan, 10 year

Seller

20 20 08Wyb02 Llc and 20 20 09T01 Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 7:10 PM

Listing updated: 10/11/2024 at 10:11 AM

Listed by: Crystal Hayes, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #24442895

CLAW logo

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