623 W 79Th Street, Los Angeles, CA 90044
-
Listed Price :
$1,425,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2011
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Vinyl |
| Interior Information |
| Features |
Built-in Features, Crown Molding, In-Law Floorplan, Primary Suite |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
623 W 79Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Carlos Elizalde DRE #02090487 |
| Courtesy Of |
Real Broker |
| List Price |
$1,425,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
7,054 |
| Year Built |
2011 |
Listing information courtesy of: Carlos Elizalde, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
