Los Angeles, CA 90006 1805 S New England Street

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Presented By: Danial Yasrebi with Realty One Group West; 949-303-8505
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25032206
  • 02/15/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 20
  • Baths • 19
  • SQFT • 7,719
  • Garage • 3

Home Details

Prime Investment Opportunity Near USC! Exceptional multi-unit property featuring four spacious units—three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space. This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand. With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.
Presented By: Danial Yasrebi with Realty One Group West; 949-303-8505

Interior Features for 1805 S New England Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesBalcony, HighCeilings, OpenFloorplan
Total Stories1
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 1805 S New England Street

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.5
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
Directions10 Fwy Exit Hoover/ Washington
Electric On Property Y/NNo
Entry LocationStreet/1
Garage Spaces3.0
Garage Y/NYes
Gross Income289846.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4762.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, FHA
Lot Size Square Feet6607.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income138750.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased13
Open Parking Spaces5.0
Operating Expense49650.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot26
Tenant PaysElectricity, Gas
Total Actual Rent14850.0
Trash Expense1200.0
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
Year Built2021
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1805 S New England Street

Building Area Total7719.0
Crops Included Y/NNo
FencingNewCondition
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.1517
Lot Size Area6607.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,075,000
MLS#OC25032206
List Date 02/15/2025
Property Type Multi-Family
Phone 714.742.6515
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