Opportunity comes kocking...to those who take advantage when it comes! The owner is retiring and highly motivated, all offers will be taken into consideration. 3119 W 71st St. is a 4-unit quadruplex that offers 3/2 bedrooms, 1 bath each, and 1 studio unit, with onsite parking and garages.… Read More One of the 2 bedrooms is vacant, perfect for owner-user or investor to maximize a positive cash flow. This is the first time in 20+years this property has been on the market and offers a marvelous investment opportunity for buyers and investors. It is zoned LAR3 perhaps for potential units (Check with the City of Los Angeles). It is centrally located close to Downtown, Freeways, USC, Coliseum, Sofi and the new Clipper's Stadium, not to name all the other surrounding entertainment facilities and restaurants. Don't miss out on this golden opportunity. Seller, Seller's Broker/Agent and Buyer's Broker's/Agent do not represent nor guarantee any property information. Buyer and buyer(s) agents are advised and encouraged to do their dur diligence with respect to all aspects of the property by independently verifying and satisfying themselves with their own investigations or through the appropriate professionals. Property is being sold in its AS-IS CONDITION without warranty expressed or implied. Seller will not make any repairs, give credit for repairs or termite. Please call the listing agent Maesoa Darton, for more information or to schedule a showing of the vacant unit, at (213) 760-0444. All offers must have an approval letter, FICO scores and source of funds for purchase. Email your offer to [email protected]. Please do not disturb tenants-exterior drive by inspections only. The owner has reduced the price for a quick sale, who is highly motivated and ready to sell. Read Less
Property listed by Montecito Realty Co, Maesoa Darton 323-293-8217
Listing Snapshot
Days Online
101
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,704
Lot Size
0.1 Acres
Year Built
1965
MLS Number
25484665
Additional Details
Building
Built in 1965, Building area total: 2,704, Levels: Two, Living area: 2704, 2 stories, 1 building, Construction materials: Stucco, WoodSiding
Cooling
None
Expenses
Electric expense: $2,216, Gardener expense: $1,080, Insurance expense: $1,780, Maintenance expense: $1,825, New taxes expense: $3,892, Trash expense: $3,290
Fireplaces
None
Floors
Carpet
Garage
2 spaces
Heating
FloorFurnace, NaturalGas
Income
Gross income: $67,200, Net operating income: $67,200
Lot
0.0993 acres, 4,325 square feet, Size: 4,325
Parking
2 carport spaces, 2 open parking spaces, 4 totals parking
Pool
Fenced
Property
Zoning: LAR3, None
Roof
Composition, Shingle
Security Features
WindowBars
Sewer
SewerTapPaid
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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