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