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Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24044666
Sold Date 07/08/24
HOA Y/N No
Year Built 2024
Lot Size 7,518 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!
Location
State CA
County Los Angeles
Area Sunv - Sun Valley
Zoning LAR1
Interior
Interior Features Balcony, Quartz Counters, Recessed Lighting
Heating Heat Pump
Cooling Central Air, Attic Fan
Flooring Laminate
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Refrigerator, Tankless Water Heater
Laundry Gas Dryer Hookup
Exterior
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 2633010014
Acceptable Financing Cash to New Loan, Submit
Listing Terms Cash to New Loan, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Balbir Arora • Arora Realty
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960