5,741 Sqft Lot
5,741 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26138680
Construction Status Turnkey
HOA Y/N No
Year Built 2022
Lot Size 5,741 Sqft
Property Sub-Type Triplex
Property Description
Exceptional investment opportunity in Green Meadows, in Los Angeles. This new 2022 construction triplex is fully leased, non-rent controlled, and generating strong income from day one, making it an ideal acquisition for portfolio investors and 1031 exchange buyers alike. The property features 2 spacious 5-bed/3.5-bath units and 1, 3-bed/2.5-bath unit totaling 4833 sq ft of modern new construction. All 3 units are currently occupied with quality tenants, delivering a stabilized 6.72% cap rate with zero lease-up risk and no deferred maintenance. Updated systems and contemporary finishes throughout ensure long-term durability and tenant appeal. For 1031 exchange investors, this property checks every box, turnkey, fully occupied, and ready to close. New construction maximizes your depreciable basis, sheltering exchanged gains while providing a long runway of appreciation ahead. As a non-rent-controlled asset, owners retain full flexibility on future rental increases, a significant advantage in today's increasingly regulated LA rental market. Ideally located with a Walk Score of 76 and strong transit access, including Firestone Station just minutes away and LAX only 18 minutes out. Close proximity to major employment corridors, shopping, parks, and schools drives consistent tenant demand and low vacancy. Whether you're completing a 1031 exchange or looking for a fresh capital, or expanding your portfolio, this is the turnkey, cash-flowing, new construction asset serious investors don't pass up.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Interior Features Granite Counters, Recessed Lighting, Bedroom on Main Level, Walk-In Closet(s)
Heating Central
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Disposal, Refrigerator, Tankless Water Heater, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Wood, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard, Near Public Transit, Street Level
Story 2
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 6029021007
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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