3648 Percy Street
Los Angeles, CA 90023
- – beds
- – baths
- – sqft
- 8,943 sqft lot
- 2017 build
- – on site
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Offering a tremendously unique investment opportunity with additional upside with 2 ADU RTI!! Located in heart of LA's Eastside "blue collar hustle and bustle! High demand area with close fwy access near Downtown LA, Arts District, school, parks, both metro & bus transportation, shopping, services, & dining. Introducing a Newer 2017 Built Charming Craftsman-Style 6-Plex consisting of three Duplexes + 2 ADU RTI Permits. All systems are newer and hitting on all cylinders. Each unit is individually metered, has assigned on-premise parking & the grounds are gated and secure. Professionally landscaped offering optimal outdoor living space to enjoy leisurely living. Each upper unit has its own private balcony with views.Interiors are designed with an open floor plan with high vaulted ceilings, showroom kitchen and finishes, and tons of natural light! Fully occupied. Above average 6.9 % Cap Rate for LA with immediate added income via upside in rents and 8.1% Cap Rate with ADU build outs to generate a massive $268,500 Gross Annual Income. Additional photos/info visit: LiveOnPercy.com
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Last updated Jan 17, 2025
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MLS# 24395811 —
The Building
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Year Built:2017
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New Construction:No
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Building Area Total:6444.00
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Total Number Of Units:6
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# of Buildings:3
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Architectural Style:Craftsman
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Foundation:Block
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Exterior Features:Rain Gutters
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Stories Total:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:6
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# of Separate Electric Meters:6
Interior
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Features:Cathedral Ceiling(s), Open Floorplan
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Levels:Two
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Window Features:Screens, Blinds, Double Pane Windows
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Room Type:Living Room, Primary Bathroom
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Laundry:Washer Included, Dryer Included, Stackable
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Laundry:1
Location
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Directions:South side of street
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Latitude:34.02570600
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Longitude:-118.19404500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Features:Front Yard, Landscaped, Yard
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Lot Size Area:8943.0000
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Lot Size Dimensions:52x173
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Lot Size Acres:0.2053
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Lot Size SqFt:8943.00
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Security Features:24 Hour Security, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Smoke Detector(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5188008010
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Showings Begin:2024-05-30
Heating & Cooling
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Heating:1
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Other
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Parking Space, Tandem Garage, Assigned, Paved
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Parking Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/16/24
Aug 16, 2024
|
Pending | CRMLS_CA | $2,500,000 | |
8/13/24
Aug 13, 2024
|
Sold | CRMLS_CA | $2,500,000 | 0.4% |
5/29/24
May 29, 2024
|
Listed / Active | CRMLS_CA | $2,490,000 | 538.5% (67.5% / YR) |