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… Read More a square footage of 5,512 on a 7,393-square foot lot, zoned LAR3. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 4+2 units and one (1) 5+2 unit. The subject property is 75% vacant, (1 occupied unit) 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 plumbing, and individually metered for gas and electricity. Read Less
Property listed by KW Advisors, Davis Saadian 310-482-2200
Listing Snapshot
Days Online
59
Last Updated
Property Type
Other
Beds
17
Square Ft.
5,512
Lot Size
0.17 Acres
Year Built
1925
MLS Number
24434395
30 Days Snapshot Of 90003
$
-6%
(avg) sold price
7
-41%
homes sold
74
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1925, Building area total: 5,512, Levels: MultiSplit, Living area: 5512, 2 buildings
Income
Gross income: $176,736, Net operating income: $114,552
Lot
0.1698 acres, 7,395 square feet, Size: 7,395
Parking
5 totals parking, Garage, Private
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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