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152 W 79th Street

Los Angeles (City), CA 90003
  • $599,980
  • STATUS: Active Under Contract
  • ON SITE: 183 Days
  • MLS #: IV21165526
Under Contract
UPDATED: 2 min ago
$599,980
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1939
County:

School Ratings & Info

Listing Agent(s): Mauricio Sanchez of Re/Max Time Realty (909-373-0880)


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..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-28T10:29:14.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/119815618
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152 W 79th Street Los Angeles (City), CA 90003

  • Price: $599,980
  • Status: Active Under Contract
  • On Site: 183 Days
  • Updated: 2 min ago
  • MLS #: IV21165526
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1939
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
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..
Exterior Features

Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 6.88 Common Interest None Community Features Sidewalks Garage YN Yes Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 1000 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha Net Operating Income 41300 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 9100 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 1000 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-28T10:29:14.743. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Mauricio Sanchez of Re/Max Time Realty (909-373-0880)