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Property Description

We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 441 W. 79th Street, in the City of Los Angeles. This two-story building, consisting of two structures, was constructed of wood frame and stucco on a raised foundation built in 1925 with a square footage of 5,512 on a 7,393-square foot lot, zoned LAR3. The building has been fully updated and renovated by the architect-owner, and has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (3) 4+2 units and one (1) 5+2 unit. The subject property currently has two (2) vacant units, and a 3rd unit going through evictions) and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, five (5) on-site parking garages, updated copper plumbing, and individually metered for gas and electricity. There are newer/ updated and fully permitted 100amp electrical, mechanical, and plumbing systems.

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Additional Information
Carolwood Estates
0
CLW-C114727
CLW-X83363
Davis
6020035009
: Standard
Two
32

Multi-Family For Sale

441 79th Street, Los Angeles, California 90003

5,512 Sqft
$1,295,000
Listing ID #24412857
Basic Details
Status : Active
DaysOnMarket : 22
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24412857
Price : $1,295,000
Living Area : 5,512 Sqft
Lot Size : 7,395 Sqft
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90003
Price Per Square Foot : $235
ModificationTimestamp : 2024-07-31 10:36:34
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