159 W 79th St

Los Angeles, CA 90003
  • $1,025,000

    Price
  • 10

    Bed
  • 6

    Bath
  • 3,724

    SqFt

About the Listing X7252101 - C139424

GET SMART WITH REAL ESTATE and discover a Los Angeles duplex in the Florence neighborhood with multiple paths to ownership, rental income and long-term value! FIRST-TIME HOME BUYERS, FHA BUYERS, OWNER-OCCUPANTS, HOUSE HACKERS AND INVESTORS should take a closer look at this 2-unit opportunity. For a qualified first-time home buyer or owner-occupant, the duplex configuration may provide an opportunity to live in one unit and rent the second unit to help offset monthly housing expenses, subject to lender, appraisal, occupancy and property-condition requirements. For investors, 159-161 W. 79th St. offers a multifamily, income-property and value-add opportunity with flexibility to renovate, reposition and establish a rental strategy that fits the buyer's goals once lawful possession is available. Prior scheduled rents were approximately $4,196.62 per unit, representing approximately $8,393 per month / $100,719 annually when both units are rented. These figures represent scheduled rental amounts and are not representations of current collections. Buyer to independently verify achievable rents and all income information. Whether you're a first-time buyer looking to house hack, an owner-occupant seeking additional rental income, or an investor looking for a buy-and-hold or value-add multifamily property, the two-unit configuration creates multiple potential strategies. Located in the Florence neighborhood, the property offers convenient access to major streets, the 110 Freeway, public transportation, neighborhood shopping, schools and everyday services. Its central Los Angeles location also provides connectivity to USC, Exposition Park, Downtown Los Angeles and employment centers throughout the city. Property may be purchased individually or as part of the seller's 4-property Los Angeles investment portfolio. Property sold AS-IS. Buyer and buyer's agent to independently verify financing eligibility, rents, permits, zoning, unit configuration, square footage, condition and all property information. Smart buyers don't just buy property they recognize possibilities. GET SMART WITH REAL ESTATE.

Listing Highlights

Status Active
Days on Site 36
Property Type Multi-Family
MLS ® 26872889
Year Built 2017
Total Square Footage 3,724
Lot/Acreage 0.15
County Los Angeles

Interior Details

  • Bedrooms: 10
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Air Conditioning
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 45x143
  • Zoning: LAR2
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Garage Is Attached,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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159 W 79th St Los Angeles, CA 90003

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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