623 W 79th Street, Los Angeles, CA 90044
N/A Bed ·N/A Bath ·N/A Sqft
PITI Monthly
Listing courtesy of: Carlos Elizalde, Real Broker
Assumed Rate
2.74%
7.52%Principal & Interest
$3,722 /mo
$6,396 /moWhat's Special
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.
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: WallWindowUnits
- Heating: WallFurnace
Features
- Materials: Drywall, Concrete
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Laminate, Vinyl
Exterior
Fencing
- Fencing: WroughtIron
Roof
- Roof: CommonRoof, Shingle
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: Yes
- Carport Spaces:
Water
- Sewer: PublicSewer
- Water Source: Public
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 2
- Home type: Quadruplex
- Architectural Style: Traditional
Materials
- Drywall, Concrete
- Roof: CommonRoof, Shingle
Condition
- Year Built: 2011
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Curbs, Gutters, StreetLights, Sidewalks, Gated
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial Details
- Price per Sqft: $1,425,000
- Tax Annual Amount: $17812.5
- On Market Date: 2024-08-27T00:00:00.000Z
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Listing From:
Last updated: 2024-09-30T18:10:00.000Z
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Assumed Rate
2.74%
7.52%Principal & Interest
$3,722 /mo
$6,396 /moFollow Us
Agent/Broker
MICHAEL RINGGo Global Realty+17025283740mhring@grelv.comMLS B0143523Resources
Apply to AssumePowered By UMe.
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