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$1,999,000   Price Analysis
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3743 Lanfranco St
Los Angeles, CA 90063
14 bed 11 bath 5,325 SqFt ($375/SqFt)
7,245SqFt lot. Built 2024
Listed 2024-05-24, Taxes $6,492
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this charming new construction triplex nestled in the vibrant East Los Angeles area that borders Boyle Heights.

* Sale Pending *

This exceptional property presents a rare opportunity for investors or owner-occupiers seeking income potential. Each unit offers its own unique layout and features, providing comfortable living spaces for residents. The front building is a two story single family home that is 2, 115 sqft with 6 bedrooms and 4.5 bathrooms.The rear building is a duplex (2 units) that is 3, 210 sqft with 4 bedrooms and 2.5 bathrooms per unit.The single family contains 1- two car attached garage and the duplex contains 2- one car attached garages, property is well secured, plenty of parking with decorative pavers throughout the driveway. All units contain a vast open floor plans with large bedrooms with custom closets, quarts countertops in kitchens and bathrooms, window shades, brand new Samsung appliances, custom shaker cabinets, central HVAC system in each unit, low voltage LED recessed light ing throughout, laundry rooms in each unit with brand new Samsung and LG Washers and dryers, tankless water heaters, green certified, drought tolerant landscaping, automatic fire sprinkler system throughout all units, automatic front gate, decorative red wood fencing and block walls.

Conveniently located near many employment centers in Downtown Los Angeles and is easily accessible to the iconic Arts District via the historic 4th Stret Bridge and recently opened 6th Street Viaduct. Residents will enjoy easy access to everything the neighborhood has to offer. Whether you're looking to invest in rental income or seeking a multi-generation living arrangement, this triplex is in a high demand location that is constantly improving!


Presented by Joshua Vivanco at
Keller Williams Realty Downtown LA.


Property MLS #DW24104278 from CRMLS

Bedrooms: 14

Copper Plumbing Partial
Open Floorplan
Pantry
Quartz Counters
Recessed Lighting
Flooring: Laminate, Tile, Vinyl

Appliances: 6 Burner Stove, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
Appliances YN: Yes
Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Washer Hookup, Washer Included

Cooling Features: Central Air, ENERGY STAR Qualified Equipment, High Efficiency
Heating Features: Central, ENERGY STAR Qualified Equipment, High Efficiency
Heating: Yes

Full Bathrooms: 11

Lighting
Rain Gutters
Fencing: Fence YN: Yes, Fencing: Redwood
Road Surface Type: Paved

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1663223
Lot Size Source: Assessor
Lot Size Square Feet: 7245

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Auto Driveway Gate
Parking Total: 4

View: City Lights, Hills, Neighborhood
Green Energy Efficient: Appliances, HVAC, Lighting, Water Heater
Green Energy Generation: Solar

Number of Units: 3
Bedrooms in Unit-1: 6
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 5
Total Bathrooms in Unit-2: 3
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1600.00

Tenant Pays: All Utilities

Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: Los Angeles
Cap Rate: 8.00
Source Property Type: Residential Income
Insurance Expense: 2700.00
Area: BOYH - Boyle Heights
Source Neighborhood: BOYH - Boyle Heights
New Taxes Expense: 24038.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5238003045
Postal Code Plus 4: 3914
Walk Score: 75
Zoning: LCR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$100,000 + $400,000
$500,000
$6,492
2021$15,975 + $52,289
$68,264
$1,526
2020$15,812 + $51,753
$67,565
$1,530
2019$15,502 + $50,739
$66,241
$1,491
2018$15,199 + $49,745
$64,944
$1,392
2017$14,901 + $48,770
$63,671
$1,367
2016$14,609 + $47,814
$62,423
$1,335
2015$14,390 + $47,096
$61,486
$1,318
2014$14,109 + $46,174
$60,283
$1,323
2013$14,046 + $45,966
$60,012
$1,311
2012$13,771 + $45,065
$58,836
$1,312
2010$13,501 + $44,182
$57,683
$1,280
2009$13,433 + $43,957
$57,390
$1,235
2009$13,401 + $43,852
$57,253
$1,235
2008$13,170 + $43,096
$56,266
$1,188
2007$12,912 + $42,251
$55,163
$1,146

Price Changed 2024-06-25
$1,999,000
CRMLS
Listed 2024-05-24
$2,200,000
CRMLS
Listing removed 2021-12-17
$0
CRMLS
Listed 2021-07-30
$599,000
CRMLS
Sold 2021-07-01
$500,000
Public Record
Sold 1979-07-18
$35,000
Public Record

Net Operating Income: 171876.00

Total Square Feet Living: 5325
Year Built: 2024
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: ground
New Construction: Yes
Property Attached: Yes
Property Condition: Turnkey
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Builder

Parking

Sewer: Sewer: Public Sewer
Cable Connected
Electricity Available
Natural Gas Available
Phone Available
Sewer Connected
Water Available
Water Source: Public

Rowan Avenue Elementary School is a public elementary school located approximately 0.1 miles away.
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Robert Louis Stevenson Middle School is a public middle school located approximately 0.3 miles away.
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Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 1.1 miles away.
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Our Lady Of Lourdes School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.