$550,000
$599,980
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1,786 SqFt
SOLD DATE : 02/14/2022
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,786 sqft
Price per Sqft $307
MLS Listing ID IV21165526
Sold Date 02/14/22
HOA Y/N No
Year Built 1939
Lot Size 6,943 Sqft
Acres 0.1594
Property Description
BIG 30K PRICE REDUCTION!!, Potential Annual gross $50400 income at Proforma 6.88% Cap Rate. Perfect and Amazing opportunity for developers, investors; addition to an existing portfolio, potential cash flow investment. Property consists in 3 bedrooms and 2 bathrooms front house and 2 beds 1 bath back unit with a long drive way with plenty of space for parking. With a potential ADU (Accessory Dwelling Unit) separate structure. The rents have strong upside potential with low maintained expenses. A lot of developers in the area. Seller did improvements a few years ago. This great units are located a few miles south of University of Southern California USC, Down Town LA, close to museums parks and the brand new Sofi Stadium. Per Realist tax Address is 152 W 79th, Per Owner there is 2 addresses 152/154 W 79th st..
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6031024002
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing FHA
Special Listing Condition Standard
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Bought with MAURICIO SANCHEZ • RE/MAX TIME REALTY
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