Address
3806 Maple Avenue Los Angeles, CA
Price
$ 795,000
Property Attributes
  • MLS#SB21118561
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90011
  • Style
  • Price$ 795,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size4,568 SqFt
Listing Provided Courtesy Of:
Cameron Samimi with Lyon Stahl Investment Real Estate, Inc..
Data Source:
CRMLS
Property Description

3806 Maple Ave is a highly desirable "Cottage Style" 4-Unit Multifamily Property accompanied with Ready to Issue “RTI” Approved Permits to add a 5th unit to the existing garage for extra income. These cottage style units function like individual homes and are a renter and owners dream. The property has a tenant-ready & beautifully REMODELED 2BD/1BTH unit ready for an owner occupier and qualifies for 30-year fixed financing at today’s exceptionally low rates. This is the perfect investment for a first-time homeowner or seasoned investor to rent out and capture great cash flow. With a 50% upside in the rents and RTI permits ready to convert existing garage to your 5th unit, the potential with this building reaches well above a 9.55% cap rate. All units have their own electric and gas meters. With a Walk score of 81, Transit score of 72, and Bike Score of 93, you can walk or bike for all your errands and take the kids to one of the three very walkable parks nearby. Minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art’s District, The Reef, Banc of California Stadium, and LA LIVE.

Price History
6/2/2021 Listed $795,000

General Features

Community Features Curbs, Park
Listing Agent Cameron Samimi - BRE#02035763
Listing Agent State License 02035763
MLS Area 699 - Not Defined
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Conventional
Total Units 4

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.1
Lot Size Area 4568
Lot Size Source Assessor
Lot Size Square Feet 4568
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90011

Price
AVG $1.04M
$800K
Visits
AVG 55
6
Year Built
AVG 1934
1923
Walkscore
AVG 77
81
Data Provided by Walkscore ® not using MLS data

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