REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Carlos Elizalde • Real Broker
$ 1,425,000
Est. payment /mo
Active
623 West 79th Street Los Angeles, CA 90044
4,404 SqFt
UPDATED:
12/24/2024 03:19 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,404 sqft
Price per Sqft $323
MLS Listing ID PW-24177852
Style Traditional
Year Built 2011
Lot Size 7,054 Sqft
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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Interior Features Crown Molding, Built-In Features, In-Law Floorplan
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Laundry Common Area, Community
Exterior
Parking Features Garage, Attached Carport, Carport, Concrete, Driveway
Garage Spaces 2.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
View Y/N Yes
View See Remarks, City Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer