157 West 71st Street

Los Angeles, CA 90003

$639,900
Price
3
Beds
3
Baths
1,503 Sq. Ft.
$426 / Sq. Ft.
1,503
Sq. Ft.
$426
per Sq. Ft.

Description

The property features 2 units of (1) 2 bedroom, 1 bathroom, (2) 1 bedroom 1 Bathroom, (1) Car Garage . The front yard fully fence , there is plenty space for car parking in the drive way and the rear Alley Access . Perfect starter income property that sits minutes away from Downtown Los Angeles and offers access to all major freeways. Tenants Will Be out at the close of escrowThe property features 2 units of (1) 2 bedroom, 1 bathroom, (2) 1 bedroom 1 Bathroom, (1) Car Garage . The front yard fully fence , there is plenty space for car parking in the drive way and the rear Alley Access . Perfect starter income property that sits minutes away from Downtown Los Angeles and offers access to all major freeways. Tenants Will Be out at the close of escrow
  1. Listed by Jorge Inzunza • DRE #01342370 • Brokerage DRE #01897784 • Century 21 Affiliated • 951-544-8801

Property Details for 157 West 71st Street

Parking Spaces Total
1
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
1503
Assessor Parcel Number
6011-006-052
Property Attached YN
false
LISTING UPDATED: 11/03/2024 02:04 AM

Property Details for 157 West 71st Street

StatusActive
MLS #SW24143681
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.12 AC / 5,096 SF
CountyLos Angeles County

Building Information for 157 West 71st Street

Stories1Residences-Year Built1925Building Size-Lot Size0.12 AC / 5,096 SF

Property Information for 157 West 71st Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,400
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $22,800
Expense Details
  • Operating Expense: $600
  • Fuel Expense: $1
  • Electric Expense: $100
  • Insurance Expense: $1,600
  • Trash Expense: $100
  • Water Sewer Expense: $1
  • Total Expenses: $7,000
Tax / Assessment Info
  • Tax Tract Number: 4791
  • CFD/Mello-Roos Fee: $1
  • Tax Lot: 88
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 157 West 71st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 157 West 71st Street

Taxable ValueLand$163,282Additions$81,638Total$244,920
Tax Record2024$3,195 ($266 / month)
Home Facts
Total Finished SqFt1,503 SqFtAbove Grade Finished SqFt1,503 SqFtLot Size5,099 SqFtStyleTriplexYear Built1925ZoningLAR2CountyLOS ANGELESAPN6012-010-047

Schools near 157 West 71st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gil Garcetti Learning Academy
PublicK to 6

Mary Mcleod Bethune Middle School
Public7 to 8

John C. Fremont Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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157 West 71st Street is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on July 12, 2024 by Century 21 Affiliated, it's currently listed at $639,900. It has been on the market for a total of 134 days and was last sold on April 8, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Gil Garcetti Learning Academy, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 157 West 71st Street is a 3-bed, 3-bath, 1,503 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Affiliated, Jorge Inzunza, DRE #01342370

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.