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    1/2 BATHS
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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Great multifamily investment opportunity in an R2 zone located one block to the Figueroa Corridor in South LA. Built in 1923, each apartment in the 1,456 SF duplex has 1 bedroom & 1 bathroom with a formal dining room. The property is fully fenced with a front yard sitting on a 5,403 SF lot. In the rear, there is on-site parking and a detached garage for a potential ADU. The property also features washer-dryer hookups, 100% copper plumbing and it is separately metered for both gas and electricity. Located just west of Figueroa, it is easily accessible by the 110 freeway and just a short drive to USC, LA Coliseum, DTLA, Baldwin Hills Crenshaw Plaza Redevelopment and Inglewood Rams Stadium. Excellent investment opportunity in a prime location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/116635165
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717 W 57th Street Los Angeles (City), CA 90037

  • Price: $525,000
  • Status: Active
  • ID#: OC21091478
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1923
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Great multifamily investment opportunity in an R2 zone located one block to the Figueroa Corridor in South LA. Built in 1923, each apartment in the 1,456 SF duplex has 1 bedroom & 1 bathroom with a formal dining room. The property is fully fenced with a front yard sitting on a 5,403 SF lot. In the rear, there is on-site parking and a detached garage for a potential ADU. The property also features washer-dryer hookups, 100% copper plumbing and it is separately metered for both gas and electricity. Located just west of Figueroa, it is easily accessible by the 110 freeway and just a short drive to USC, LA Coliseum, DTLA, Baldwin Hills Crenshaw Plaza Redevelopment and Inglewood Rams Stadium. Excellent investment opportunity in a prime location.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Parking Features Electric Gate Parking Total 1 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Interior Features Granite Counters

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Contingency Tenants To Remain in Possession. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 728 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To Existing Loan Maintenance Expense 1260 Net Operating Income 12696 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Number Of Units Leased 2 Operating Expense 0 Other Expense 2000 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2100 Trash Expense 0 Water Sewer Expense 1300 Water Source Public Zoning Lar2

Listing provided courtesy of Noelle Garcia of Exp Realty Of California Inc


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395