333 West 79th Street
333 West 79th Street
$800,000
7
4
1,842
1,842
$434
Sold 1/11/23
Description
*** Can be purchased individually or a part of a 48-unit portfolio, please contact LA1 for more information **333 West 79th is a value-add fourplex located in South Los Angeles operating at a 6.18% current CAP and offers investors approx. 40% upside in rents. Located just east of the 110 Freeway, the subject property is comprised of (3) 2-Bdrm. units and (1) 1-Bdrm. unit (spread across two buildings) that generate approx. $6,100+ in gross monthly income. Based on renovated units in the area, we believe...*** Can be purchased individually or a part of a 48-unit portfolio, please contact LA1 for more information **333 West 79th is a value-add fourplex located in South Los Angeles operating at a 6.18% current CAP and offers investors approx. 40% upside in rents. Located just east of the 110 Freeway, the subject property is comprised of (3) 2-Bdrm. units and (1) 1-Bdrm. unit (spread across two buildings) that generate approx. $6,100+ in gross monthly income. Based on renovated units in the area, we believe a future investor could achieve $8,500+ in gross monthly income and operate the property at a 9.56% market CAP and 8.05 market GRM. The property amenities include on-site parking and a community laundry room.
Listing Agent
Property Details for 333 West 79th Street
Zoning
LAR2
Parcel Number6031021006
Total Units4.0
Living Area1842
Source Living AreaVendor Enhanced
AreaMetropolitan South (C37)
Vacancy Rate0 Units
Lot Size Area6489
Location
LISTING UPDATED: 01/31/2023 10:36 AM
Property Details for 333 West 79th Street
Status | Sold |
---|---|
MLS # | 22-199079 |
Days on Market | 90 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1938 |
Lot Size | 0.15 AC / 6,489 SF |
County | Los Angeles County |
Location
Virtual Tour
Building Information for 333 West 79th Street
Stories2Residences-Year Built1938Building Size-Lot Size0.15 AC / 6,489 SF
Payment Calculator
$5,047 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 333 West 79th Street
Property History for 333 West 79th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 333 West 79th Street
Taxable ValueLand$375,269Additions$268,048Total$643,317
Tax Record2023$8,176 ($681 / month)
Home Facts
Total Finished SqFt1,842 SqFtAbove Grade Finished SqFt1,842 SqFtLot Size6,489 SqFtStyleQuadraplexYear Built1938ZoningLAR2CountyLOS ANGELESAPN6031-021-006
Schools near 333 West 79th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Seventy-Fifth Street Elementary School PublicK to 6 | ||
Mary Mcleod Bethune Middle School Public7 to 8 | ||
KIPP Empower Academy CharterK to 4 |
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.
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