623 W 79Th Street, Los Angeles, CA 90044

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Property Description

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.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate, Vinyl
Interior Information
Features Built-in Features, Crown Molding, In-Law Floorplan, Primary Suite
Cooling Type Wall/Window Unit(s)

Listing Information

Address 623 W 79Th Street
City Los Angeles
State CA
Zip 90044
County Los Angeles
Listing Agent Carlos Elizalde DRE #02090487
Courtesy Of Real Broker
List Price $1,425,000
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,054
Year Built 2011

Listing information courtesy of: Carlos Elizalde, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.