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3055 Future St
Los Angeles, CA 90065 Cypress Park

$1,165,000 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 5.70 %
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 5.7% CAP rate
                            
                                Stunning mountain & city views facing South
                            
                                Private patios for each unit
                            
                                Current rents are $4,400/month! Vacant unit can be rented up to $3,100

Financial Summary (Actual)

Net Operating Income: $66,418 USD (2024)

Cap Rate:	5.70 %
Total Expenses:	$23,582 USD

Amenities

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

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.8 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	8 min	-	4.0 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	14.4 mi
Los Angeles International	31 min	-	19.1 mi
Long Beach (Daugherty Field)	37 min	-	24.5 mi

Dana Coronado 310-562-9630 Compass Commercial - Sherman Oaks

3055 Future St Los Angeles, CA 90065 Cypress Park