7908 Towne Avenue

Los Angeles, CA 90003

$750,000
Price
5
Beds
3
Baths
1,826 Sq. Ft.
$411 / Sq. Ft.
1,826
Sq. Ft.
$411
per Sq. Ft.

Description

Reduced price and sellers are very motivated! This property consists of "TWO (2) INDIVIDUAL HOUSE UNITS ON THIS LOT", the smaller house on the corner of 79th & Towne is a fixer, vacant, and needs repairs. Title report says 4 bedrooms, 2 bathrooms; however, property presently shows 5 bedrooms, 3 bathrooms total. This entire property is being 'SOLD AS-IS" in IT'S PRESENT CONDITION WITH "NO FURTHER WARRANTIES AND/OR GUARANTEES OF ANY KIND RELATING TO CITY/COUNTY REPAIR REQUIREMENTS, PROPERTY SQUARE...Reduced price and sellers are very motivated! This property consists of "TWO (2) INDIVIDUAL HOUSE UNITS ON THIS LOT", the smaller house on the corner of 79th & Towne is a fixer, vacant, and needs repairs. Title report says 4 bedrooms, 2 bathrooms; however, property presently shows 5 bedrooms, 3 bathrooms total. This entire property is being 'SOLD AS-IS" in IT'S PRESENT CONDITION WITH "NO FURTHER WARRANTIES AND/OR GUARANTEES OF ANY KIND RELATING TO CITY/COUNTY REPAIR REQUIREMENTS, PROPERTY SQUARE FOOTAGES, OR ANY OTHER KIND OF PROPERTY PROSPECTIVES". This has no responsibility held upon or against the owner(s), and/or their listing broker/agent(s) at all. Buyer(s) and their Broker and/or Agent(s) are to do their due diligence in researching All details regarding this property before making an offer to purchase. The tenant(s) own all of their appliances, and "Will Remain As Residing Tenant(s)", with property being for sale and sold. No Eviction Will Be Done By The Sellers! PLEASE DO NOT DISTURB THE TENANT(S) AT ALL & PLEASE DRIVE BY ONLY, & CALL ME (SEE AGENT REMARKS) for viewing appointments. Escrow time may be extended due to the trust clarification process. There Are No Lockboxes At All For Entry Access. "Seller Has Selection Of ALL Services". Properties For Sale Also Are: 8021 Towne Avenue, MLS #24-378467 And Vacant Land Lot APN; 6030-020-021, MLS #24-378471 Thank You All For Your Inquiries And Have An Excellent Day
  1. Listed by Crystal Lee • DRE #01071948 • Brokerage DRE #01071948 • Crystal Lee, Broker

Property Details for 7908 Towne Avenue

Water Front
None
Zoning
LAR2
Cross Streets
Are 79th Street & Towne Avenue.
Parcel Number
6030033027
Total Units
2.0
Living Area
1826
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)

Location

Listing Courtesy of Crystal Lee, Broker, Crystal Lee, DRE #01071948
Add your commute
LISTING UPDATED: 04/28/2024 02:12 AM

Property Details for 7908 Towne Avenue

StatusActive
MLS #24-344647
Days on Market116
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.16 AC / 6,867 SF
CountyLos Angeles County

Location

Listing Courtesy of Crystal Lee, Broker, Crystal Lee, DRE #01071948
Add your commute

Building Information for 7908 Towne Avenue

Stories1Residences-Year Built1931Building Size-Lot Size0.16 AC / 6,867 SF

Payment Calculator

$4,616 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$523

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7908 Towne Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Two Houses
  • View: No
  • View Description: None
  • View: None
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s), Window Bars, Gated
  • Direction Faces: West
  • Property Condition: Fixer
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas, Water Heater Unit
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash, Cash To New Loan
  • Disclosures: As Is, Rent Control, Listing Broker Advantage, Subject To Other, Trust/Conservatorship, Property Report
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $12,036.00
  • Actual Gross Annual Income: $0
  • Other Income1: $12,036.00
  • Actual Rent Total: $1,003.00
  • Owner Pays: Move In Fee
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1576
  • Lot Size Square Feet: 6867
  • Lot Features: Front Yard, Back Yard, Lawn
  • Lot Description: Fenced Yard, Front Yard, Back Yard, Curbs, Lawn, Sidewalks, Single Lot, Street Paved, Walk Street, Fenced, Lot-Level/Flat, Street Lighting
  • Lot Location: Corner Lot, City
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Garage Is Detached
  • Total Parking: 4
  • Covered Parking: 3
  • Open Other Spaces Total: 1
  • Parking Features: Garage - Single Door, Garage - Two Door
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: Garbage Disposal, Dryer
  • Bathroom Features: Shower Over Tub
  • Common Walls: Detached/No Common Walls
  • Laundry: Garage
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • New Construction: No
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-07-2024
  • Listing Terms: Cash, Conventional, Cash To New Loan, Subject To Other, Trust Conveyance, Take Property As Is
  • Tenant Pays: Gas, Electricity, Cable TV, Move In Fee
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,003.00
  • Unit Actual Rent: $1,003.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $207,659.00
  • Assessed Improvement Percent: 42.47
  • Assessed Land Value: $281,348.00
  • Assessed Land Percent: 57.53
  • Assessed Total Value: $489,007.00

Property History for 7908 Towne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7908 Towne Avenue

Taxable ValueLand$281,348Additions$207,659Total$489,007
Tax Record2023$6,277 ($523 / month)
Home Facts
Total Finished SqFt1,826 SqFtAbove Grade Finished SqFt1,826 SqFtLot Size6,865 SqFtStyleDuplexYear Built1931ZoningLAR2CountyLOS ANGELESAPN6030-033-027

Schools near 7908 Towne Avenue

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
Public - 9 to 12
Rating
School
Distance
Mckinley Avenue Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

John Hope Continuation School
Public9 to 12

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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7908 Towne Avenue is a multi-family home for sale in Los Angeles, CA 90003. This property was listed for sale on January 6, 2024 by Crystal Lee, Broker, it's currently listed at $750,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Mckinley Avenue Elementary School, Charles Drew Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 7908 Towne Avenue is a 5-bed, 3-bath, 1,826 sqft multi-family home built in 1931.

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 Crystal Lee, Broker, Crystal Lee, DRE #01071948

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.