This Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths with inside laundry room built in 1897. Newer roof. A long driveway on the right side leading into back building built in 1968 and it consists of 3 single garage spaces on the ground level. 3 parking spaces in front of the 3 single car garages. Second level has a 3 bedroom 2 bathrooms unit with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023. This unit has a view of the mountains at Elysian Park. Property is sold with tenants in place. Property is near LA Police Academy and Dodgers stadium. Two blocks from Los Angeles State Historic Park. Half of block away from I 110 freeway Solano Av. exit. Across the street and a few houses down from The Solano Community Garden. A few minutes away from Chinatown and Olvera Street and from DTLA. Property borders Elysian Park. Subject to LA City RSO rules (LAHD). All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.
Home Style:
Contemporary, Victorian
Property Sub Type:
Triplex
Property Attached:
No
Lot Area:
5,836 sq. ft.542 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1897
(Age: 129)
General Listing Location:
Los Angeles, CHNA - Chinatown
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$44,928
Gross Scheduled Income:
$44,928
Net Operating Income:
$25,621
Rent Control:
Yes
Total Actual Rent:
$3,497
Association Fee:
$0
Land Lease:
No
Electric Expense:
$930
Insurance Expense:
$4,173
Licenses expense:
320.0
Taxes expense:
10614.0
Operating Expense:
$19,307
Trash Expense:
$0
Water and Sewer Expense:
$3,270
Taxes:
$10,614 /
-
Tax Lot:
5
Between North Broadway and exit 25 Pasadena Freeway Solano Av. towards Academy Rd.
Floor
Type
Size
Other
-
Primary Bedroom
Measurements not available
-
View:
Canyon, Mountain(s)
Features Excluded:
Appliances are owned by tenants
Appliances:
Gas Water Heater
Accessibility Features:
See Remarks
Number of Buildings:
2
# of Electric Meters:
4
# of Gas Meters:
3
# of Water Meters:
1
# Units Leased:
3
Community Features:
Biking, Park
Senior Community:
No
Interior Features:
Unfurnished
Laundry Features:
In Garage, Laundry Room
Pool Features:
None
Private Pool:
No
Spa Features:
See Remarks
Lot Features:
Rectangular Lot
Fireplace Features:
Gas
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Levels:
Three Or More
Num Stories:
2
Entry Level:
1
Entry Location:
Front
Construction Materials:
Drywall, Stucco
New Constr.:
No
Flooring:
Carpet, Vinyl, Wood
Foundation:
See Remarks
Roof:
Rolled/Hot Mop, Shingle
Common Walls:
No Common Walls
# Units:
3
Property Condition:
Turnkey
Heating:
Central, Natural Gas
Fireplace:
Yes
Cooling:
Wall/Window Unit(s)
Utilities:
Electricity Available, Natural Gas Available, Sewer Available, Water Available