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3055 Future St
Los Angeles, CA 90065 Cypress Park

$1,150,000 USD

Apartments For Sale  •  1,419 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,419 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1926
  • Cap Rate 5.92 %
  • Zoning LAR1
45 Transit Score
58 Walk Score

Highlights

Well maintained triplex in Mt. Washington with nicely maintained units and 1 newly remodeled unit
The vacant unit (1Br+1Ba) has been completely remodeled with brand new kitchen & bathroom fixtures, flooring and paint
Strong investment metrics: under 13 GRM and 5.92% CAP rate
Stunning mountain & city views facing South
Private patios for each unit
Current rents are $4,529/month! Vacant unit can be rented up to $3,100

Property Flyers

Financial Summary (Actual)

Net Operating Income: $68,077 USD (2024)
Cap Rate: 5.92 %
Total Expenses: $23,471 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Storage Space
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Patio
  • Smoke Detector
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.9 mi
9 min - 4.1 mi
AirportDriveWalkDistance
Bob Hope 22 min - 14.4 mi
Los Angeles International 32 min - 19.1 mi
Long Beach (Daugherty Field) 37 min - 24.6 mi
Dana Coronado 310-562-9630 Compass Commercial - Sherman Oaks
Dana Coronado 310-562-9630 Compass Commercial - Sherman Oaks