623 W 79th Street
Los Angeles, CA, 90044
$1,425,000
Beds
0 Baths
SqFt
0.16 Acres
Add
ASSUMABLE 2.25% INTEREST RATE FHA Loan – 4 UNITS TOTAL – $7,940 GROSS MONTHLY INCOME Amazing investment opportunity with this meticulously maintained QUADRUPLEX in the heart of Los Angeles. UNIT 1: 3 Bedrooms and 2 Bathrooms, Unit 2: 3 Bedrooms 1 Bathroom, Unit 3: 2 Bedrooms 2 Bathrooms, Unit 4: 2 Bedrooms 1 Bathroom. Two front units built in 2011 and two back units built in 1948. Recent improvements include newer copper plumbing with replaced valves and faucets, and a complete electrical upgrade to 220 volts completed in 2011. The roofs of both the front and back buildings were replaced in 2023, and brand-new rain gutters were installed. Additionally, new windows were fitted in the back units last year. This quadruplex combines modern upgrades with enduring value in a sought-after location. With the opportunity to assume a low 2.25% FHA loan, this property is a compelling choice for savvy investors looking to own a prime income-generating asset in Los Angeles.

Property Details

Price:
$1,425,000
MLS #:
PW24177852
Status:
Active
Baths:
0
Address:
623 W 79th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 23, 2024
State:
CA
ZIP:
90044
Lot Size:
7,054 sqft / 0.16 acres (approx)
Year Built:
2011
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Gas Water Heater, Water Heater
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Vinyl
Heating
Wall Furnace
Interior Features
Built-in Features, Crown Molding, In- Law Floorplan
Window Features
Double Pane Windows

Exterior

Community Features
Curbs, Gutters, Sidewalks, Street Lights
Electric
220 Volts, Standard
Fencing
Wrought Iron
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport, Attached Carport, Driveway, Concrete, Garage
Parking Spots
8.00
Pool Features
None
Roof
Common Roof, Shingle
Security Features
Gated Community
Sewer
Public Sewer
Stories Total
2
View
City Lights, See Remarks
Water Source
Public

Financial

Tenant Pays
Electricity, Gas, Parking Fee, Sewer, Trash Collection

Map

Community

Similar Listings Nearby

broker reciprocity Courtesy of Real Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
623 W 79th Street
Los Angeles, CA