10410 Baring Cross Street Los Angeles, CA 90044
Listing Courtesy of: CRMLS / Compass / Daniel Howard

  10410 Baring Cross Street Los Angeles, CA 90044

Sold (55 Days)
$1,249,000

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!

MLS #:
DW23203893
Lot Size
4,841 SQFT
Type
Multifamily
Year Built
1924
Style
Traditional
County
Los Angeles County

Listed By

Daniel Howard, Compass
Bought with
Sameer Jafri, Professional Realty Services International, Inc.
Source
CRMLS
Last checked Nov 23 2024 at 8:01 AM GMT+0000
Bathroom Details
Interior Features
  • Tankless Water Heater
  • Range Hood
  • Gas Oven
  • Laundry: Gas Dryer Hookup
  • Laundry: Laundry Closet
  • Unfurnished
  • Recessed Lighting
  • Pull Down Attic Stairs
  • Open Floorplan
  • All Bedrooms Up
Lot Information
  • 0-1 Unit/Acre
Property Features
  • Fireplace: Kitchen
  • Foundation: See Remarks
Heating and Cooling
  • High Efficiency
  • Ductless
Flooring
  • Vinyl
  • Laminate
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Private, Electricity Available, Water Available, See Remarks, Natural Gas Available
  • Sewer: Public Sewer
Parking
  • Public
  • On Street
Stories
  • 1
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.