342 East 99th Street
342 East 99th Street
$875,000
8
4
2,988
2,988
$293
Closed 1/12/21
Description
We are pleased to present a 4-unit multi-family community located in the Green Meadows neighborhood of South Los Angeles, CA. A short 15 minute drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and110 Freeways. The property was built in 1965 and is comprised of approximately 2,988 rentable square feet on a 5,085 square foot lot. The building has an outstanding unit mix, comprising entirely of spacious 2 bedroom...We are pleased to present a 4-unit multi-family community located in the Green Meadows neighborhood of South Los Angeles, CA. A short 15 minute drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and110 Freeways. The property was built in 1965 and is comprised of approximately 2,988 rentable square feet on a 5,085 square foot lot. The building has an outstanding unit mix, comprising entirely of spacious 2 bedroom 1 bathroom units. There is one vacant unit that LA City Section 8 Housing will pay $2,263 for, allowing an investor to achieve market rent for that unit. The property is separately metered for gas and electricity, features ample secured parking, and the tenants benefit from their own washer and dryer hookups inside each unit. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Los Angeles and would be a great addition to any investors portfolio.
- Listed by Kevin King • DRE #01158184 • Brokerage DRE #00530854 • Marcus & Millichap
- Listed by Ryan Gonzalez • DRE #01874815 • Brokerage DRE #00530854 • Marcus & Millichap
Property Details for 342 East 99th Street
Parking Spaces Total
0
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2988
Assessor Parcel Number6052-017-016
Property Attached YNtrue
Location
LISTING UPDATED: 01/12/2021 03:42 AM
Property Details for 342 East 99th Street
Status | Closed |
---|---|
MLS # | PW20251884 |
Days on Market | 31 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1965 |
Lot Size | 0.12 AC / 5,227 SF |
County | Los Angeles County |
Location
Building Information for 342 East 99th Street
Stories2Residences-Year Built1965Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$5,764 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 342 East 99th Street
Property History for 342 East 99th 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 342 East 99th Street
Taxable ValueLand$416,160Additions$494,190Total$910,350
Tax Record2023$11,874 ($989 / month)
Home Facts
Total Finished SqFt2,988 SqFtAbove Grade Finished SqFt2,988 SqFtLot Size5,085 SqFtStyleQuadraplexYear Built1965ZoningLAR2CountyLOS ANGELESAPN6052-017-016
Schools near 342 East 99th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Ninety-Third Street Elementary School PublicK to 6 | ||
Charles Drew Middle School Public7 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Alliance College-Ready Middle Academy No. 4 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.
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