Skip To Content

    447 449,451 W 69th Street

    Los Angeles (City), CA 90003
    • $680,000
    • STATUS: Active
    • ON SITE: 57 Days
    • ID#: WS21186768
    UPDATED: 42 min ago
    $680,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Great 3-unit investment property located in a high demand rental area and close to restaurants, markets, shopping centers, 110 Freeway, Downtown LA and USC campus. The 2 front units have 2 bedroom, 1 bathroom each with long term tenants since 2006. The back unit is 1 bedroom, 1 bathroom. There is a two-car garage designated for the two front units and another parking space in front of back unit for back unit. All the tenants are month to month and are paying on time, and there is an opportunity for a new investor to achieve higher rents. Individually metered for gas and electricity. This property will be sold as is with existing tenants. The garage can be converted into a potential ADU for additional rental income. Buyer and buyer's agent to verify all square footage, permits, zoning, etc.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T16:26:31.837. 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 Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120906650
    Print Image

    447 449,451 W 69th Street Los Angeles (City), CA 90003

    • Price: $680,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: WS21186768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1929
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Great 3-unit investment property located in a high demand rental area and close to restaurants, markets, shopping centers, 110 Freeway, Downtown LA and USC campus. The 2 front units have 2 bedroom, 1 bathroom each with long term tenants since 2006. The back unit is 1 bedroom, 1 bathroom. There is a two-car garage designated for the two front units and another parking space in front of back unit for back unit. All the tenants are month to month and are paying on time, and there is an opportunity for a new investor to achieve higher rents. Individually metered for gas and electricity. This property will be sold as is with existing tenants. The garage can be converted into a potential ADU for additional rental income. Buyer and buyer's agent to verify all square footage, permits, zoning, etc.
    Exterior Features

    Fencing Wire Foundation Details Raised Lot Features Near Public Transit Number Of Separate Electric Meters 3 Parking Features Garage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition Spa Features None Spa YN No View None View YN No

    Interior Features

    Accessibility Features Parking Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring TileVinyl Heating Wall Furnace Heating YN Yes Interior Features UnfurnishedAll Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features Urban Contingency Sell As Is Disclosures Familial RelationRent Control Electric Standard Garage YN Yes Gross Income 36408 Gross Scheduled Income 36408 Insurance Expense 1000 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 23548 New Construction YN No New Taxes Expense 8500 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 4360 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasTelephone Total Actual Rent 3034 Trash Expense 960 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2400 Water Source Public Zoning Lar2

    Listing provided courtesy of Conisa Lew of Excel Global Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T16:26:31.837. 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 Keller Williams Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367171062-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367171062-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367171062-1.jpg
    Logo
    Keller Williams Realty
    ,