810 E 79thLos Angeles, CA 90001

Description

Stop paying rent and start collecting it. Live in one unit of this 4-unit property in the Florence area of Los Angeles and let the other three help pay the mortgage. The property has 2 separate structures on one lot. The front building holds 3 remodeled units, and the detached rear unit is in original condition, ready for updating. Every unit is a 2-bedroom, 1-bath floor plan, 3 of the 4 units include a garage space, and units are separately metered for gas and electric. At projected market rents, gross scheduled income is approximately $9,380 per month, or $112,560 per year, making this an equally strong hold for an investor. Close to shopping and dining along Florence and Manchester Avenues, schools, bus lines, the Metro A Line, and the 110 and 105 freeways.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1953

Stories

2

Building area

2,660 Sq Ft

Lot size

0.12 acres

Garage spaces

3

Parking spaces

3

Days on market

1

MLS^® Listing#

PW26231380

Property Features

Exterior

Misting System

Cooling

Central Air

Heating

None

Pool

None

Parking

Assigned · Garage Faces Rear

Laundry

None

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

6029003013

Directions

Florence Ave and Central Ave, head south on Central Ave, turn left (east) on E 79th St