$1,425,000
Active
36 Days Online
0 Beds0 Baths0 SQFT
Active

623 W 79th Street Los Angeles, CA 90044

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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID NumberPW24177852
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.1619 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms CashConventionalExchangeFHASeller May CarryVA
  • Stories 2 Story

Interior Features

  • Water Heater Type Gas
  • Cooling Wall/Window

Exterior Features

  • Pool N/K

Community Features

  • Security Features Gated Community

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Monthly Payment (Est.)

$6,923
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