645 W 97th Street
Los Angeles, CA 90044
- – beds
- – baths
- – sqft
- 6,301 sqft lot
- 2019 build
- – on site
RENT INCREASES APPROVED AND NEWER CONSTRUCTION PRICED AT 6% CAP RATE! Modern spacious triplex newly built in 2019 and not under rent control. Centrally located with easy access to freeways, restaurants, shopping, and more. The front home is a completely independent, detached home with 4 beds, 3 baths, 1,700 square feet, and a two car garage. Separate building at the rear of the lot is more private, each unit also containing 4 beds, 3 baths, and 1,561 square feet. All units promise consistent cash flow at maximum approved rents. All are designed with open living space floorplans, primary bedroom suites, and in-unit laundry. Due to the units being brand new construction as of 2019, there are close to zero maintenance costs and the new construction building warranty guarantees the new owner against latent hidden repairs and/or costs. Hardscaped exterior driveways allow for ample parking, with additional yard space secured by a gate, which also adds extra security for the grounds. All units are separately metered for gas, electricity, and water, with each tenant paying their own utilities. Significant potential for appreciation based on upcoming nearby Olympic and World Cup events, expanding public transportation system, and an influx of investment into the area. Priced at a cap rate of 6% this deal is a no-brainer.
Last checked:
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Last updated Nov 1, 2024
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MLS# 24458067 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2019
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Year Built Source:Builder
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New Construction:No
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Architectural Style:Modern
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Entry Level:1
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Building Area Total:4800.00
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# of Buildings:3
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Total Number Of Units:3
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Stories Total:2
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# of Separate Gas Meters:3
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# of Separate Water Meters:3
Interior
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Levels:Two
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Entry Location:Main Level
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:North of Vermont, west of 110.
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Latitude:33.94843100
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Longitude:-118.28633800
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Zoning:LARD2
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Lot Size Area:6301.0000
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Lot Size Dimensions:45x140
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Lot Size Acres:0.1447
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Lot Size SqFt:6301.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6054027027
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Attached Carport, Driveway, Garage - Two Door
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Parking Spaces:6.00
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/30/24
Oct 30, 2024
|
Listed / Active | CRMLS_CA | $1,986,000 | 47.2% (10.5% / YR) |
|
9/4/24
Sep 4, 2024
|
Price Changed | CRMLS_CA | ||
|
7/31/24
Jul 31, 2024
|
Price Changed | CRMLS_CA |
