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.… Read More 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. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-425-9838
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Lot Size
0.16 Acres
Year Built
1937
MLS Number
SB26035215
Additional Details
Building
Built in 1937, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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