Listing Agent: Cameron Samimi      Broker/Office: Lyon Stahl Investment Real Estate, Inc.
1226 Dunsmuir S Los Angeles CA 90019
$ 1,450,000
  5   |    3   |    2290 Sq Feet

Listing ID

#SB26035231

Status

Active

Property Type

Triplex

County

Los Angeles

Year Built

1937

Days on website

5

Description
Assumable Financing at 3.5%

Beautiful Mid Wilshire Triplex on a Large 7,042 Sq Lot With assumable financing and approved plans for 2 More ADUs while maintaining parking on site.

Opportunities like this to travel back in time and get debt at 3.5% fixed for 25 more years do not happen often.

With a in place loan of $930,000 at 3.5% the returns on this asset in this nice of an area are unmatched. Positioned in the vibrant Wilshire Vista pocket of Miracle Mile, 1226 S Dunsmuir Ave is a beautofil three-unit that shows exceptionally well for only at $1,450,000—with prime potential for RTI ADUs to expand into a 5-unit income producing cash cow. This tastefully renovated 1937-built property spans 2,290 SF on a spacious 7,042 SF lot, delivering cash flow from a solid mix of (2) 2-bed/1-bath and (1) 1-bed/1-bath units, plus RTI plans for a top-level (1) 3-bed/2-bath and bottom (1) 2-bed/1-bath ADU to supercharge income and scale.

Walkable to La Brea Tar Pits, Koreatown hotspots, and Metro E Line transit, this prime location locks in strong tenant retention and rental growth near Mid-Wilshire's retail corridor, Beverly Grove, and Culver City. Delivering immediate Opportunity, 1226 S Dunsmuir offers turnkey cash flow with transformative ADU potential.
Location
Financial Information
List Price:  $ 1450000
Property Features
Community Features:  Biking, Park, Suburban
Flooring:  Vinyl
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  Two
Parking Features:  Asphalt
Senior Community YN:  false
Structure Type:  Triplex
View:  Courtyard
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C17 - Mid-Wilshire
City:  Los Angeles
Listed By:   Cameron Samimi   Lyon Stahl Investment Real Estate, Inc. 
CA Lic#