Los Angeles CA  home offered at $949,999 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

532 W 77th Street W
Los Angeles, California CA 90044-6012
Sold For: $935,000
Listing ID: TR22102562
Price/SqFt: $341.74
Status: Closed
Sold Date: 11/10/2022
SqFt: 2,736 Sq Ft
Acres: 0.161 Acres
Year Built: 1923

We are Pleased to present this 4-unit pride of ownership multifamily property. rear bldg is a 4 bedroom and could possibly good owner user. this is adorable bungalow courtyard style layout with lots of palm trees. Located in central los angeles lot is 7000 sqft lot zoned RD2-1. This property consist of 3 residential buildings building to the right is a 3 bed, 2 bth, building to the left consist of 2- 1bed-1bth units the rear 1 bed has been freshly painted with new water proof flooring, new appliances, we have potential section 8 tenant at $1650. per month and building at the rear building is 4 bed 2 bth. there is also 1 permitted storage approx. 90 sqft this property cash flows now. property has wrought iron around front of property and secured gate entrance. Conveniently located walking distance to bus stops, banks, shopping best of all less than 15 minutes to USC, Staples center, even new SOFI stadium. Bring your investors Now. The owner is listing agent and buyer to cooperate with reverse 1031 exchange at no expense to Buyer. unfortunately due to reverse 1031 this property can not be sold with FHA or VA financing. Buyers and buyers agent please do your due diligence seller purchased property with current layout but does not match assessor room count. 3 units are currently rented section 8, We have potential section 8 tenant for fourth unit - 1b1bth unit who is ready to pay @ $1,650.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-07-15T05:24:52+00:00
Price/SqFt: 341.74
Property Type: Residential Income
Year Built: 1923
Zoning: LARD2

Interior

Appliances: yes
Appliances: Free-Standing Range, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: No Common Walls
Cooling: no
Cooling Type: None
Fireplace: no
Fireplace Features: None
Flooring: Laminate, Vinyl, Wood
Heating: yes
Heating Type: Forced Air, Wall Furnace
Laundry: yes
Laundry Features: Inside
Levels: One
Number With Range: 4
Number With Refrigerator: 4
Room Type: All Bedrooms Down, Kitchen, Laundry
Spa: no
Spa Features: None
Stories Total: 1

External

Door Features: Mirror Closet Door(s)
Foundation Details: Raised
Lot Features: 0-1 Unit/Acre
Lot Size Area: 7000
Lot Size Source: Assessor
Lot Size Square Feet: 7000
Number Of Buildings: 3
Other Structures: Storage
Parking: no
Parking Features: Street
Parking Total: 3
Pool Features: None
Private Pool: no
Property Attached: no
Road Frontage Type: City Street
Roof: Composition
Sewer: Public Sewer, Sewer Paid
Uncovered Spaces: 3
View: no
View Type: None
Water Source: Public
Window Features: Screens

Location

Country: US
Direction Faces: North
Elevation Units: Feet
MLS Area Major: C37 - Metropolitan South

Additional

Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls
Additional Parcels: no
Assessments: None
Association: no
Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights
Days On Market: 77
Disclosures: Rent Control
Exclusions: all appliances that are owned by seller
List Agent State License: 00893749
List Office State License: 00338699
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Leased: 3
Number Of Units Total: 4
Parcel Number: 6020017007
Senior Community: no
Start Showing Date: 2022-05-16T00:00:00+00:00
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Year Built Source: Assessor

Financial

Gross Scheduled Income: 76980
Insurance Expense: 2700
Land Lease: no
Net Operating Income: 75820
Operating Expense: 1160
Price Per Unit: 237500
Rent Control: yes
Special Listing Conditions: Standard
Tax Census Tract: 2377.20
Tax Lot: 269
Tax Tract Number: 6020
Tenant Pays: Cable TV, Electricity, Gas
Total Expenses: 7200
Trash Expense: 900
Water Sewer Expense: 3600

Zoning Info


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Listed by: Henry Hernandez, DRE #00893749 from Berkshire Hathaway HomeServices California Properties 626-913-2808

Contact - Listing ID TR22102562

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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