Property Detail

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.