623 West 79th Street
$1,425,000
10
6
4,404
4,404
$324
Description
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...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 Carlos Elizalde • DRE #02090487 • Brokerage DRE #02022092 • Real Broker • 714-389-8310
Property Details for 623 West 79th Street
Architectural Style
Traditional
ViewCity Lights, See Remarks
Parking Spaces Total8
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
LISTING UPDATED: 09/17/2024 09:56 AM
Property Details for 623 West 79th Street
Status | Active |
---|---|
MLS # | PW24177852 |
Days on Market | 97 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2011 |
Lot Size | 0.16 AC / 7,054 SF |
County | Los Angeles County |
Building Information for 623 West 79th Street
Stories2Residences-Year Built2011Building Size-Lot Size0.16 AC / 7,054 SF
Property Information for 623 West 79th Street
Property History for 623 West 79th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 623 West 79th Street
Taxable ValueLand$750,540Additions$251,965Total$1,002,505
Tax Record2024$12,545 ($1,045 / month)
Home Facts
Total Finished SqFt4,404 SqFtAbove Grade Finished SqFt4,404 SqFtLot Size7,044 SqFtStyleQuadraplexYear Built1948ZoningLARD1.5CountyLOS ANGELESAPN6020-016-025
Schools near 623 West 79th 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 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Loren Miller Elementary School PublicK to 6 | ||
Mary Mcleod Bethune Middle School Public7 to 8 | ||
KIPP Empower Academy CharterK to 4 |
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.
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