The Fitzburgh Realty Team - Glassell Park Real Estate - Northeast Los Angeles Realtor
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830 Tularosa Drive
Silver Lake 90026
List Price: $1,090,000

WELL MAINTAINED TRIPLEX on Quiet Street in the Fabulous Community of Silver Lake
Located in a very desirable pocket of Silver Lake on the quiet street of Tularosa Drive you will find a 3-unit income property that will be a real workhorse for your investment dollars!

Very well maintained, this triplex has so much to offer in terms of features and upgrades. All granite & tile in the kitchen and baths with laminate wood flooring throughout the other living spaces (no carpets). 
New copper plumbing throughout as well as numerous electrical upgrades and brand new 2017 AC in two of the units.
Plus - TONS of off street parking. 9 spaces including four covered spaces in addition five parking spaces in the driveway. You know how much tenants love, love, love convenient off-street parking!  

BONUS - in addition to the rental income there are coin-operated laundry machines in the on-site laundry room that generate additional revenue and machines will be included in the sale.

​This property is an amazing opportunity for someone looking for a bread-and-butter income property in the fabulous community of Silver Lake.


PROPERTY DETAILS
9 CAR PARKING   (4 covered spaces + 5 driveway spaces)
Great Tenants (all three units are occupied)
Laminate wood floors throughout (no carpets)
Granite &  tile kitchens and baths
New copper plumbing throughout - 2007
Unit #1 and Unit #3 have new AC units - 2017

Additional features: recessed lights, ceiling fans
TRIPLEX BREAKDOWN:

Unit #1:  $1.719/m, 2-bed + 1-bath, 944sqft living area, 2 assigned parking spaces, 7-year tenant, new AC unit 2017
Unit #2:  $1.638/m, 2-bed + 1-bath w-outdoor patio, 862sqft living area, 2 assigned parking spaces, 7-year tenant.
Unit #3:  $1.937/m, 2-bed + 2-bath w-outdoor patio, 1,064sqft living area, 2 assigned parking spaces, 7-year tenant, new AC unit 2017
TOTALS: RENTS = $5,294/month, 2,870sqft measured living area, 9 off-street parking spaces
BONUS INCOME: Coin-op Laundry: $60+/month income from coin operated machines
INCOME SUMMARY: $5,354 per month (= $5,294 rents + $60 coin-op laundry)

GROSS ANNUAL INCOME TOTAL = $64,248 per year (= $5,354/month x 12)

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Contact Us Today!
Brian Fitzburgh
818-571-9712
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Brian Fitzburgh, Broker/Owner
Cell: (818) 571-9712
Office: (424) 625-0747

Hello@BrokersTrust.com
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2022 Zillow Premier 5 Star Agent in Los Angeles. Parrish Ave., Los Angeles, CA. CalDRE# 01875767. Copyright © 2022 Brokers Trust Real Estate Group. All Rights Reserved.
  • Home
  • About Us
    • Fitzburgh Realty Team >
      • Juan Loza Handyman
    • Brians Resume | Sellers
    • Brians Resume | Buyers
    • Home Tours
    • Testimonials
    • Upcoming Events
  • Search Homes
  • Explore NELA
    • Glassell Park
  • Homes Fur All
    • News
    • Super A Test
    • Bark & Meow Fan Club
    • Concerts in the Park
    • Eagle Rock Bark >
      • ERB Walk At The Bark
      • Eagle Rock Bark 2017
      • Eagle Rock Bark 2018
      • Eagle Rock Bark 2019
    • Glassell Bark >
      • GB Walk At The Bark
      • Glassell Bark 2017
      • Glassell Bark 2018
      • Glassell Bark 2019
    • Glassell Park Easter Egg Hunt
    • GLASSELL PARK TREE LIGHTING >
      • XMAS TREE LIGHTING 2017
      • XMAS TREE LIGHTING 2018
    • Growing Caring Sharing News
    • 4 Weeks 4 Life
    • Fostering Resources
    • Pet Food Drive
    • Pet Resource Guide
    • Pet Adoption Hall of Fame
    • Spread The Word
    • Super Party >
      • Super Party Photos
  • Resources
    • Brian' s Crystal Ball >
      • Brian' s Crystal Ball Appetizer
      • Brian' s Crystal Ball 1st Main
      • Brian' s Crystal Ball 2nd Main
      • Brian' s Crystal Ball Dessert
      • Furball Challenge
    • First Time Homebuyers >
      • Credit Score
      • Down Payment
    • Get Your Loan Pre-Approval
    • Request a Free Market Analysis
    • Mortgage Calculator & Rates
    • How Much House Can I Afford
    • Real Estate Market Trends
    • Neighborhood Search Tools
    • MLS Activity Alert
    • Client Documents & Calendar
    • FAQ
  • Brian's Blog
  • Contact us
    • Coverage Area