$982,600
$895,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
903 E 79th ST Los Angeles, CA 90001
6,895 Sqft Lot
Key Details
Sold Price $982,600
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22068977
Sold Date 07/01/22
Construction Status Fixer
HOA Y/N No
Year Built 1941
Lot Size 6,895 Sqft
Property Description
Existing 4-unit building that will be delivered VACANT with ready-to-issue plans for additional 1 ADU unit! This quadruplex is an excellent investment opportunity with huge upside potential! Located in Los Angeles, this property currently features four 1-bed, 1-bath units. Exterior has recently been repainted and interiors have been demoed and are ready for renovation. A detached multi-car garage is also ready to be converted into a fifth 3-bed, 2 bath rentable unit (ADU) to maximize the income potential. The building permit and plans have been fully approved (see supplements) and are ready for construction. Excellent corner lot location with high visibility and conveniently located near schools and local amenities.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LARD2
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features See Remarks
Garage Spaces 4.0
Garage Description 4.0
Fence Security
Pool None
Community Features Street Lights
Utilities Available Sewer Not Available, Water Not Available
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer None
Water None
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 6023029015
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Shawn Raoufpour • Gold Realty