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$1,025,000
37 Days On Site

159 W 79th Street
Los Angeles, CA 90003

For Sale|Residential Income|Active
10
Beds
6
Total Baths
3,724
SqFt
$275
/SqFt
2017
Built
County:
Los Angeles
Listed by Donny Adams of Keller Williams Hollywood Hills HomesofHollywood@gmail.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
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GET SMART WITH REAL ESTATE and discover a Los Angeles duplex in the Florence neighborhood with multiple paths to ownership, rental income and long-term value! FIRST-TIME HOME BUYERS, FHA BUYERS, OWNER-OCCUPANTS, HOUSE HACKERS AND INVESTORS should take a closer look at this 2-unit opportunity. For a qualified first-time home buyer or owner-occupant, the duplex configuration may provide an opportunity to live in one unit and rent the second unit to help offset monthly housing expenses, subject to lender, appraisal, occupancy and property-condition requirements. For investors, 159-161 W. 79th St. offers a multifamily, income-property and value-add opportunity with flexibility to renovate, reposition and establish a rental strategy that fits the buyer's goals once lawful possession is available. Prior scheduled rents were approximately $4,196.62 per unit, representing approximately $8,393 per month / $100,719 annually when both units are rented. These figures represent scheduled rental amounts and are not representations of current collections. Buyer to independently verify achievable rents and all income information. Whether you're a first-time buyer looking to house hack, an owner-occupant seeking additional rental income, or an investor looking for a buy-and-hold or value-add multifamily property, the two-unit configuration creates multiple potential strategies. Located in the Florence neighborhood, the property offers convenient access to major streets, the 110 Freeway, public transportation, neighborhood shopping, schools and everyday services. Its central Los Angeles location also provides connectivity to USC, Exposition Park, Downtown Los Angeles and employment centers throughout the city. Property may be purchased individually or as part of the seller's 4-property Los Angeles investment portfolio. Property sold AS-IS. Buyer and buyer's agent to independently verify financing eligibility, rents, permits, zoning, unit configuration, square footage, condition and all property information. Smart buyers don't just buy property they recognize possibilities. GET SMART WITH REAL ESTATE.

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Listing Snapshot
Price 
$1,025,000
Days On Site 
37 Days
Bedrooms 
10
Inside Area (SqFt) 
3,724 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1478 Acres
Year Built 
2017
MLS® Number 
26872889
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,025,000
a month agoListing first seen on site
General Features
Acres 
0.1478
Attached Garage 
Yes
Levels 
Two
Parking 
AttachedDriveway
Parking Spaces 
3
Special Circumstances 
Standard
SqFt Total 
3724
Style 
Contemporary
Zoning 
LAR2
Interior Features
Heating 
Central
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Exterior Features
View 
None
Waterview 
None
Community Features
MLS Area 
C37 - Metropolitan South


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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