Los Angeles, CA 90012 739 New Depot St
$1,200,000
63 more
Presented By: Pearl Chen with Compass; [email protected]
Home Details
Rare opportunity to acquire a triplex located on a street to street lot in the rapidly developing Chinatown Neighborhood. (Unit #1) 739 New Depot Street, originally built in 1925 and had alterations in the 50-60s, offers 2 bedrooms plus a den (which could be converted to 3rd bedroom), 1.5 bathrooms, a service porch with laundry hookup, newly updated kitchen and bathrooms, new double pane windows, new laminated flooring, a newly installed roof with insulation and fresh interior paint. (Unit #2) The downstairs unit, 741 New Depot Street, boasts 3 bedrooms, 1.75 bathrooms, recently refreshed paint, and a remodeled kitchen and bathrooms completed 5 years ago. (Unit #3) 730 W College Street offers 4 bedrooms, 2 upgraded bathrooms, living and dining room, a thoughtfully remodeled chef’s Kitchen featuring a breakfast nook, stainless steel appliances, a 5-burner gas cooktop, a wok stove for a deep bowl-shaped frying pan and dual exhaust fans, ample cabinetry, recessed lighting, a newer central AC unit, and dual pane windows throughout. 741 New Depot St and 730 W College St were built in 1966 and the remodeling work was completed 5 years ago.
This property is conveniently situated just two blocks away from the Alpine Recreation Center, offering amenities such as a basketball court and children's playground, as well the Chinatown Service Center. It provides easy access to major freeways including the 110, 101, and 5, and is only a few blocks from N Broadway with quick access to Downtown Los Angeles.
This thoughtfully upgraded multi-family triplex presents AN EXCELLENT OPPORTUNITY FOR INVESTORS AND/OR OWNER-USERS looking to reside in one unit while generating rental income from the others. Don't let this gem to pass you by!
Presented By: Pearl Chen with Compass; [email protected]
Interior Features for 739 New Depot St
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInGarage, LaundryRoom
Total Stories2
Window FeaturesDoublePaneWindows
Other Rooms
Entry Level1
General for 739 New Depot St
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingCentralAir
CountyLos Angeles
Days on Market63
DirectionsW/N Broadway
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income110400.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1700.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5407.0
Lot Size UnitsSquareFeet
MLS AreaCHNA - Chinatown
MobileHomeRemainsYNNo
Net Operating Income106200.0
New ConstructionNo
Number of Units Leased0
NumberOfUnitsTotal3
Operating Expense4200.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tax Lot7
Tenant PaysElectricity, Gas, Sewer, TrashCollection, Water
TermsCash, CashtoNewLoan
Total Actual Rent0.0
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1966
Year Built SourceOwner
ZoningLAR4
Exterior for 739 New Depot St
Building Area Total4061.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLotOver40000Sqft
Lot Size Acres0.1241
Lot Size Area5407.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters2
Open Parking Y/NNo
SpaNo
Total Parking7.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480