345 E 68TH Street

    Los Angeles (City), CA 90003
    • $425,000
    • STATUS: Closed
    • ON SITE: 349 days
    • ID#: 18360464
    Sold - 04/03/2019
    $425,000
    SOLD - 04/03/2019
    • 3
      BEDS
    • 0.12
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,418
      SQFT
    • $300
      $/SQFT
    Neighborhood:
    Metropolitan South (C37)
    Type:
    Multi-Family
    Built:
    1936
    County:
    Los Angeles
    Area:
    Metropolitan South (C37)

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    Description

    Investment opportunity in South LA by Florence! Live in 1 unit and rent out the other or update and lease out both units as a long-term investment. Owned by the same family for many years, this California Bungalow duplex consists of a 2 bedroom and 1 bathroom home out front and a 1 bedroom and 1 bathroom unit in the back. Comprising of over 1,400 total building square feet on a just over 5,400 square foot lot, this is an investment opportunity you do not want to miss!

    Sold by Subscriber Non BRE#01889817 of Non-Participant Office.

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    Based on information from CARETS as of 2019-06-17T19:51:56.06. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/85223371

    345 E 68TH Street Los Angeles (City), CA 90003

    • Price: $439,999
    • Status: Closed
    • Updated: 14 min ago
    • ID#: 18360464
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,418
    SQFT
    $300
    $/SQFT
    1936
    Built
    Neighborhood:
    Metropolitan South (C37)
    County:
    Los Angeles
    Area:
    Metropolitan South (C37)
    Property Description
    Investment opportunity in South LA by Florence! Live in 1 unit and rent out the other or update and lease out both units as a long-term investment. Owned by the same family for many years, this California Bungalow duplex consists of a 2 bedroom and 1 bathroom home out front and a 1 bedroom and 1 bathroom unit in the back. Comprising of over 1,400 total building square feet on a just over 5,400 square foot lot, this is an investment opportunity you do not want to miss!
    Exterior Features

    Building Structure Style Bungalow Covered Spaces Total 2 Garage Spaces Total 2.0 Garage Structures Total 1 Open Other Spaces Total 3 Parking Features Driveway Parking Spaces Total 5 Parking Type Garage - Two DoorGarage Is Detached

    Interior Features

    Cooking Appliances Range Cooling Type None Floor Material Carpet Heating Fuel Wall Gas Heating Type Wall Gas Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 1

    Property Features

    Adjusted Gross Income 34800.00 Assessed Improvement Value 14758.00 Assessed Land Value 14342.00 Cap Rate 6.16 Country United States Of America Expense Total Annual 7710.00 Gross Operating Income 34800.00 Gross Rent Multiplier 12.64 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Public Records Net Operating Income 27090.00 Number Electric Meters 2 Number Gas Meters 2 Number Of Buildings 2 Owner Pays Water Special Conditions Standard Sale Square Footage Source Public Records Tenant Pays ElectricityGas Unit Monthly Rent01 866.00 Unit Monthly Rent02 500.00 Unit Projected Total Monthly Rent01 1700.00 Unit Projected Total Monthly Rent02 1200.00 Unit Total Monthly Rent01 866.00 Unit Total Monthly Rent02 500.00 Unit Type01 1 Unit Type02 1 Units Total In Complex 2 Zoning Lar2

    Listing provided courtesy of Pui Ching Tsui DRE#01889817 of Lemark Realty and Nonmember Agentdefault CA DRE# of .


    Based on information from CARETS as of 2019-06-17T19:51:56.06. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    RE/MAX of Santa Clarita
    25101 The Old Road
    Santa Clarita CA, 91381