Excellent opportunity to own a Triplex in the quaint town of Sierra Madre, The property consists of a newly year 2024 constructed completed single-family home and a Duplex units at front.
Located in a highly desirable area, this unique three-unit income property offers immediate cash flow with upside potential. The property includes 115-117 E. Highland the Duplex (2 bed/1 bath each unit), both units has updated windows and wood flooring and newer Split Air Conditioning system, 119 E. Highland 2024 newly constructed completed offers 3 Spacious Bedrooms 3 Full baths, consist 2 En-suites, Laundry Room, Living room to kitchen open floor plan, has private back yard. Brand New spacious Carports, Pavement Driveway . All units are occupied by reliable great tenants. Owner will not vacate tenants.
Direct 210 Freeway access is right down the hill, minutes drive to Westfield Santa Anita Shopping Center in the city of Arcadia. The Highland Triplex is
A solid investment in one of Sierra Madre’s most desirable neighborhoods.
Drive-by Only.. Please DO Not enter Onto property and Driveway or Disturb Tenants. Interior Inspections Subject to Accepted Offers.
Property Sub Type:
Triplex
Property Attached:
Yes
Lot Area:
9,579 sq. ft.890 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1958
(Age: 68)
General Listing Location:
Sierra Madre, 656 - Sierra Madre
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$110,700
Net Operating Income:
$103,970
Rent Control:
No
Total Actual Rent:
$9,225
Association Fee:
$0
Land Lease:
No
Gardener expense:
600.0
Insurance Expense:
$1,645
Maintenance Expense:
$315
Operating Expense:
$6,730
Trash Expense:
$1,095
Water and Sewer Expense:
$3,075
Tax Lot:
30
North of Sierra Madre Blvd, West of Montain Trail.
Appliances:
Dishwasher, Gas Oven, Gas Range
Number of Buildings:
2
# of Electric Meters:
3
# of Gas Meters:
3
# of Water Meters:
1
# Units Leased:
3
Community Features:
Foothills, Street Lights, Suburban, Urban
Senior Community:
No
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen, Laundry Room, Stacked