1300 East 71st Street

Los Angeles, CA 90001

$1,149,900
Price
9
Beds
6
Baths
3,908 Sq. Ft.
$294 / Sq. Ft.
3,908
Sq. Ft.
$294
per Sq. Ft.

Description

No Rent Control! Situated in the Los Angeles unincorporated area. Seller Motivated! This triplex offers three units, each featuring 3 bedrooms, 2 bathrooms, and an attached 2-car garage. With a spacious layout and modern amenities, this property is perfect for seasoned investors. Built in 2000, boasts a contemporary design and functionality. It sits on a generous lot size of 6,831 square feet, providing ample outdoor space for residents. With a potential monthly rental income of up to $12,000, this...No Rent Control! Situated in the Los Angeles unincorporated area. Seller Motivated! This triplex offers three units, each featuring 3 bedrooms, 2 bathrooms, and an attached 2-car garage. With a spacious layout and modern amenities, this property is perfect for seasoned investors. Built in 2000, boasts a contemporary design and functionality. It sits on a generous lot size of 6,831 square feet, providing ample outdoor space for residents. With a potential monthly rental income of up to $12,000, this property presents a lucrative investment opportunity. Whether you're seeking supplementary rental income or an investor looking for a high-yield property, this triplex fits the bill. Buyers are encouraged to conduct their due diligence, as the property is sold in its As-Is condition. Situated in the Los Angeles incorporated area, this property offers stability and growth potential without the constraints of rent control. It is for YOU, so don't wait!
  1. Listed by Koeun Hwang • DRE #01718399 • Brokerage DRE #01718399 • Happy Haus Inc.
  2. Listed by Chang Soo Lee • DRE #01915374 • Brokerage DRE #01478620 • Urban Real Estate, Inc.

Property Details for 1300 East 71st Street

Zoning
LCR3*
Style
Contemporary
Parcel Number
6010025001
Total Units
3.0
Living Area
3908
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0

Location

Listing Courtesy of Happy Haus Inc., Koeun Hwang, DRE #01718399; Urban Real Estate, Inc., Chang Soo Lee, DRE #01915374
Add your commute
LISTING UPDATED: 04/26/2024 03:09 PM

Property Details for 1300 East 71st Street

StatusActive
MLS #24-362485
Days on Market63
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2000
Lot Size0.16 AC / 6,831 SF
CountyLos Angeles County

Location

Listing Courtesy of Happy Haus Inc., Koeun Hwang, DRE #01718399; Urban Real Estate, Inc., Chang Soo Lee, DRE #01915374
Add your commute

Building Information for 1300 East 71st Street

Stories2Residences-Year Built2000Building Size-Lot Size0.16 AC / 6,831 SF

Payment Calculator

$6,956 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,275

Property Taxes

$681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1300 East 71st Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $55,676.20
  • Gross Income: $72,931
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 17255
  • Tax Expense: $14,875
  • Insurance Expense: $2,380
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1568
  • Lot Size Square Feet: 6831
  • Lot Size Dimensions: 50x137
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned, Attached, Covered Parking, Parking Space
  • Total Parking: 6
  • Covered Parking: 6
  • Parking Features: Assigned, Covered, Parking Space
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,052.00
  • Unit Actual Rent: $2,052.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,012.80
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,012.80
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $357,310.00
  • Assessed Improvement Percent: 65.23
  • Assessed Land Value: $190,435.00
  • Assessed Land Percent: 34.77
  • Assessed Total Value: $547,745.00

Property History for 1300 East 71st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1300 East 71st Street

Taxable ValueLand$190,435Additions$357,310Total$547,745
Tax Record2023$8,178 ($681 / month)
Home Facts
Total Finished SqFt3,908 SqFtAbove Grade Finished SqFt3,908 SqFtStories1Lot Size6,829 SqFtStyleTriplexYear Built2000ZoningLCR3*CountyLOS ANGELESAPN6010-025-001

Schools near 1300 East 71st Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Miramonte Elementary School
PublicK to 5

Alliance Kory Hunter Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1300 East 71st Street is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on February 26, 2024 by Happy Haus Inc., it's currently listed at $1,149,900. It has been on the market for a total of 63 days and was last sold on August 4, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Miramonte Elementary School, Alliance Kory Hunter Middle and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 1300 East 71st Street is a 9-bed, 6-bath, 3,908 sqft multi-family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Happy Haus Inc., Koeun Hwang, DRE #01718399; Urban Real Estate, Inc., Chang Soo Lee, DRE #01915374

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, 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.