Property Details
About this Property
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 Listing Information
MLS #
CRPW24177852
MLS Source
California Regional MLS
Days on Site
121
Interior Features
Appliances
Other
Flooring
Laminate
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Other, Shingle
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Other, Garage: 2 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
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.
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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
