623 W 79th Street, Los Angeles, CA 90044
N/A Bed ·N/A Bath ·N/A Sqft
PITI Monthly
Listing courtesy of: Carlos Elizalde, Real Broker
Assumed Rate
2.74%
7.52%Principle & Interest
$3,722 /mo
$6,396 /moWhat's Special
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.
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms:
Cooling & Heating
- Cooling: WallWindowUnits
- Heating: WallFurnace
Features
- Materials: Drywall, Concrete
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Laminate, Vinyl
Exterior
Fencing
- Fencing: WroughtIron
Roof
- Roof: CommonRoof, Shingle
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: Yes
- Carport Spaces:
Water
- Sewer: PublicSewer
- Water Source: Public
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 2
- Home type: Quadruplex
- Architectural Style: Traditional
Materials
- Drywall, Concrete
- Roof: CommonRoof, Shingle
Condition
- Year Built: 2011
Details
- Builder:
Community & HOA
Community
- Subdivision:
- Features: Curbs, Gutters, StreetLights, Sidewalks, Gated
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial Details
- Price per Sqft: $1,425,000
- Tax Annual Amount: $
- On Market Date: 2024-08-27T00:00:00.000Z
Make this home a reality!
Apply to assume
Explore our financing options for assumable homes
Connect with an Agent
Our certified agents are experts in loan assumptionsListing From:
Last updated: 2024-09-17T23:56:52.000Z
© , . All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than agent name are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
2.74%
7.52%Principle & Interest
$3,722 /mo
$6,396 /moFollow Us
UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.