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.
MLS #
CRPW24177852
MLS Source
California Regional MLS
Days on Site
117
Appliances
Other
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Other, Shingle
Pool
None
Style
Traditional
Garage/Parking
Carport, Garage, Other, Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 4 | 4 |
623 W 79th St is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a 7,054 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,425,000 and was built in 2011.
This address can also be written as 623 W 79th St, Los Angeles, CA 90044.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 17, 2024. For the most current information, please contact Carlos Elizalde