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    340 E 79th Street

    Los Angeles, CA 90003
    • $647,000
    • STATUS: CONTINGENT
    • ON SITE: 42 Days
    • ID#: DW21199349
    Under Contract
    UPDATED: 31 min ago
    $647,000
    • 4
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units. GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    340 E 79th Street Los Angeles, CA 90003

    • Price: $647,000
    • Status: CONTINGENT
    • Updated: 31 min ago
    • ID#: DW21199349
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    Los Angeles (90003)
    County:
    Los Angeles
    Area:
    Los Angeles (90003)
    Property Description
    GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units. GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units.
    Exterior Features

    Pool N/K Site Curbs

    Interior Features

    Cooling Central Forced Air Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Units With Range Oven 2 Units With Washers 2

    Property Features

    Annual Expense Actual 6118 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 52140 Home Owners Fees 0.0 Tenant Pays Cable Tv Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2195.0 Unit2 Rent Actual 2150.0 Zoning Public Rec

    Listing provided courtesy of Greenpoint Real Estate Services. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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