623 W 79th Street
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 7,054 sqft lot
- 2011 build
- – on site
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.
Listed By CRMLS_CA / Carlos Elizalde / Real Broker / 714-389-8310
Last checked:
Checking…
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Last updated Dec 23, 2024
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MLS# PW24177852 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2011
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Concrete, Drywall Walls
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Building Area Total:4404.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Architectural Style:Traditional
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Roof:Common Roof, Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Features:Built-in Features, Crown Molding, In-Law Floorplan
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Levels:Two
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Entry Location:1
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Window Features:Double Pane Windows
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Flooring:Laminate, Vinyl
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Room Type:Bonus Room, Primary Bathroom, Primary Bedroom, Primary Suite
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Laundry:Common Area, Community
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Laundry:1
Financial & Terms
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Disclosures:City Inspection Required
Location
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Directions:110 Fwy North , Exit 17 head North, West 76th St, South on South Figueroa, West at 78th St, Left then Right 79th St
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Latitude:33.96811200
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Longitude:-118.28489600
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Turnkey, Updated/Remodeled
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Zoning:LARD1.5
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7054.0000
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Lot Size Acres:0.1619
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Lot Size SqFt:7054.00
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Lot Size Source:Assessor
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View:1
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View:City Lights, See Remarks
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Gated Community
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:6020016024
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Other Structures:Guest House, Guest House Attached, Second Garage, Two On A Lot
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2377.20
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Tax Tract:237720
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Tax Lot:338
The Listing
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Special Listing Conditions:Standard, Trust
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Parcel Number:6020016025
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Electric:220 Volts, Standard
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Water Source:Public
Appliances
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Appliances:Gas Water Heater, Water Heater
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Included:Yes
The Community
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Features:Curbs, Gutters, Sidewalks, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Carport, Attached Carport, Driveway, Concrete, Garage
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Parking Spaces:8.00
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Garage Spaces:2.00
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Carport Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/27/24
Aug 27, 2024
|
Listed / Active | CRMLS_CA | $1,425,000 |