Nice low-maintenance triplex is a great addition to your real estate portfolio. Very close to the LA Waterfront which is in the beginning stages of a major redevelopment. Interiors are in decent condition. All windows have been replaced with dual-pane vinyl. Three one-car garages are rented separate from the units. With a GRM of 14.1 and a CAP of 5.3 this one is right in line with the recent comps. Property is under LA city rent control ordinance.
Listing courtesy of Keller Williams Realty.
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