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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24044666
Sold Date 07/08/24
Bedrooms 8
HOA Y/N No
Lot Size 7,520 Sqft
Property Description
Newly built gated triplex in the heart of Sun Valley! All units are detached stand-alone, no shared walls! 12037, 12039, 12041 Rialto St features three detached homes, separately metered and ready to be rented. 12037 structure is a two bedroom one bath home with sun room, currently rented at $2725. 12039 is a 2 story 3 bedroom 3 full bathroom structure with a large balcony and electric vehicle charging ready, currently rented at $3400. 12041 is also a 3 bedroom 3 full bathroom two story home with a large balcony and private backyard, with potential rent of $3800! Two front units currently rented at market price with no rent control, boasting a 6.4% cap rate!
Newly built gated triplex in the heart of Sun Valley! All units are detached stand-alone, no shared walls! 12037, 12039, 12041 Rialto St features three detached homes, separately metered and ready to be rented. 12037 structure is a two bedroom one bath home with sun room, currently rented at $2725. 12039 is a 2 story 3 bedroom 3 full bathroom structure with a large balcony and electric vehicle charging ready, currently rented at $3400. 12041 is also a 3 bedroom 3 full bathroom two story home with a large balcony and private backyard, with potential rent of $3800! Two front units currently rented at market price with no rent control, boasting a 6.4% cap rate!
Location
State CA
County Los Angeles
Area Sun Valley (91352)
Zoning Builder
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $22
Space Rent $2,725
Financing Cash
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Bought with Balbir Arora • Arora Realty
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