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Key Details
Sold Price $1,280,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,512 sqft
Price per Sqft $232
MLS Listing ID 24434395
Sold Date 10/31/24
Bedrooms 17
HOA Y/N No
Year Built 1925
Lot Size 7,396 Sqft
Property Description
We are pleased to offer the opportunity to acquire this four (4) unit multifamily investment opportunity located at 441 W. 79th Street, in the City of Los Angeles. This two-story building, consisting of two structures, was constructed of wood frame and stucco on a raised foundation built in 1925 with a square footage of 5,512 on a 7,393-square foot lot, zoned LAR3. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 4+2 units and one (1) 5+2 unit. The subject property is 75% vacant, (1 occupied unit) and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, five (5) on-site parking garages, updated plumbing, and individually metered for gas and electricity.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Fireplace No
Appliance Refrigerator
Exterior
Garage Garage, Private
Parking Type Garage, Private
Total Parking Spaces 5
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6020035009
Special Listing Condition Standard
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Bought with Davis Saadian • KW Advisors
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960