Los Angeles, CA 90044,10410 Baring Cross ST
Los Angeles, CA 90044,10410 Baring Cross ST
Los Angeles, CA 90044,10410 Baring Cross ST
18
$1,249,000
Est.Price: ?

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4,839 Sqft Lot

10410 Baring Cross ST Los Angeles, CA 90044

Est. payment /mo
SOLD DATE : 01/30/2024

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Key Details

Sold Price $1,249,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23203893

Sold Date 01/30/24

Construction Status Turnkey

HOA Y/N No

Year Built 1924

Lot Size 4,839 Sqft

Property Description

UPDATE: FRONT HOUSE WILL BE VACANT, IF INTERESTED, MUST CONTACT ME BEFORE 11/24. 2 Units are occupied generating $5400 already. Welcome to this incredible investment opportunity in the heart of Los Angeles! This impressive three-unit property is a true gem, showcasing a lucrative income potential with its current gross rents of $8,200 per month and remarkably low operating expenses. Situated in a strong rental market location, this property offers convenience and accessibility to all that Los Angeles has to offer. 3 separate detached units, completely remolded, new floors, windows, electrical, plumbing, roofs, vinyl fencing, corner lot with ample parking, and most importantly, high-paying section 8 tenants. This is a turnkey investment, with no overhead for the owner outside of landscape, insurance and taxes. This is perfect for a 1031 exchange, exchanging maybe a lower income producing, high maintenance property to something like this where all you have to do is buy it, and money will come in! The property is a duplex + a permitted ADU making it 3 units!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR1

Interior

Interior Features Open Floorplan, Pull Down Attic Stairs, Recessed Lighting, Unfurnished, All Bedrooms Up

Heating Ductless, High Efficiency

Cooling Ductless, High Efficiency

Flooring Laminate, Vinyl

Fireplaces Type Kitchen, None

Fireplace No

Appliance Gas Oven, Range Hood, Tankless Water Heater

Laundry Gas Dryer Hookup, Laundry Closet

Exterior

Garage Public, On Street

Fence Vinyl

Pool None

Community Features Biking, Street Lights, Urban

Utilities Available Electricity Available, Natural Gas Available, See Remarks, Water Available

View Y/N No

View None

Roof Type Shingle

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Foundation See Remarks

Sewer Public Sewer

Water Private

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 6061013001

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to New Loan, Conventional, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Howard • Compass
Bought with Sameer Jafri • Professional Realty Services International, Inc.

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Daniel Howard

Agent | License ID: 01880426

+1(310) 269-0818

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