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$1,425,000
118 Days On Site

623 W 79th Street
Los Angeles, CA 90044

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
4,404
SqFt
$324
/SqFt
2011
Built
County:
Los Angeles
Listed by Carlos Elizalde of Real Broker [email protected]

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623 W 79th Street623 W 79th Street623 W 79th Street
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ASSUMABLE 2.25% INTEREST RATE FHA Loan – 4 UNITS TOTAL - $7,940 GROSS MONTHLY INCOME Amazing investment opportunity with this meticulously maintained QUADRUPLEX in the heart of Los Angeles. UNIT 1: 3 Bedrooms and 2 Bathrooms, Unit 2: 3 Bedrooms 1 Bathroom, Unit 3: 2 Bedrooms 2 Bathrooms, Unit 4: 2 Bedrooms 1 Bathroom. Two front units built in 2011 and two back units built in 1948. Recent improvements include newer copper plumbing with replaced valves and faucets, and a complete electrical upgrade to 220 volts completed in 2011. The roofs of both the front and back buildings were replaced in 2023, and brand-new rain gutters were installed. Additionally, new windows were fitted in the back units last year. This quadruplex combines modern upgrades with enduring value in a sought-after location. With the opportunity to assume a low 2.25% FHA loan, this property is a compelling choice for savvy investors looking to own a prime income-generating asset in Los Angeles.

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Listing Snapshot
Price 
$1,425,000
Days On Site 
118 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,404 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1619 Acres
Year Built 
2011
MLS® Number 
PW24177852
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoStatus changed to Active
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.1619
Carport 
2
Disclosures 
City Inspection Required
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Attached CarportConcreteCarportDrivewayGarage
Parking Spaces 
8
Property Condition 
Updated/Remodeled
Property Sub Type 
Quadruplex
Security 
Gated Community
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4404
Stories 
Two
Style 
Traditional
Water Source 
Public
Zoning 
LARD1.5
Interior Features
Appliances 
Gas Water HeaterWater Heater
Cooling 
Wall/Window Unit(s)
Electric 
220 Volts
Flooring 
LaminateVinyl
Heating 
Wall Furnace
Interior 
Built-in FeaturesCrown MoldingIn-Law Floorplan
Laundry Features 
Common Area
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Concrete
Fencing 
Wrought Iron
Other Structures 
Second GarageGuest House
Pool Features 
None
Roof 
Shingle
View 
CityCity Lights
Waterview 
CityCity Lights
Windows/Doors 
Double Pane Windows
Community Features
Building Access 
1
Community Features 
GatedCurbsStreet LightsSidewalks
Financing Terms Available 
CashConventional1031 ExchangeFHAOwner Will CarryOwner May CarryVA Loan
MLS Area 
C34 - Los Angeles Southwest


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
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