3231 W 71ST Street

    Los Angeles (City), CA 90043
    • $949,000
    • STATUS: Active
    • ON SITE: 19 days
    • MLS #: 19523646
    UPDATED: 38 min ago
    $949,000
    • 8
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,646
      SQFT
    • $359
      $/SQFT
    Type:
    Multi-Family
    Built:
    2012
    County:

    School Ratings & Info

    Description

    Great opportunity to own a 2-story duplex built in 2012 located within walking distance of the up and coming Florence/West LA Crenshaw Metro Line Station. Property is minutes from the new Rams stadium, Forum, LAX, Hollywood Park Casino and Culver City. This is an excellent investment property in a strong rental submarket of Inglewood. Rents are slightly below market, however property does not fall under rent control. Each unit is rented with long-term, stable tenants providing a turnkey building with gross rents of $4,920 per month or $59,040 per year. Each unit offers 4 bedrooms and 2 baths, a 2-car garage and 2 compact stalls. Features include laminate flooring throughout, granite counter tops, laundry hookups, tankless water heaters, an automatic fire sprinkler system, modern bathrooms, a large gate for privacy and sliding closet doors with mirrors. Electric and gas separaely metered. Drive by only, please do not disturb tenants. Walk thru subject to accepted offer.

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    Based on information from CARETS as of 2019-11-20T18:51:43.653. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.jelmbergteam.com/homes/100423285

    3231 W 71ST Street Los Angeles (City), CA 90043

    • Price: $949,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 19523646
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,646
    SQFT
    $359
    $/SQFT
    2012
    Built
    Neighborhood:
    Park Hills Heights (PHHT)
    County:
    Los Angeles
    Area:
    Park Hills Heights (PHHT)
    Property Description
    Great opportunity to own a 2-story duplex built in 2012 located within walking distance of the up and coming Florence/West LA Crenshaw Metro Line Station. Property is minutes from the new Rams stadium, Forum, LAX, Hollywood Park Casino and Culver City. This is an excellent investment property in a strong rental submarket of Inglewood. Rents are slightly below market, however property does not fall under rent control. Each unit is rented with long-term, stable tenants providing a turnkey building with gross rents of $4,920 per month or $59,040 per year. Each unit offers 4 bedrooms and 2 baths, a 2-car garage and 2 compact stalls. Features include laminate flooring throughout, granite counter tops, laundry hookups, tankless water heaters, an automatic fire sprinkler system, modern bathrooms, a large gate for privacy and sliding closet doors with mirrors. Electric and gas separaely metered. Drive by only, please do not disturb tenants. Walk thru subject to accepted offer.
    Exterior Features

    Parking Features Driveway Parking Spaces Total 4 Parking Type Garage - Two Door

    Interior Features

    Appliances Refrigerator Cooking Appliances Range Cooling Type None Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bed01 4 Unit Number Of Bed02 4

    Property Features

    Adjusted Gross Income 59000.00 Assessed Improvement Value 253587.00 Assessed Land Value 212207.00 Country United States Of America Expense Gardener 900.00 Expense Insurance 900.00 Expense Maintenance 800.00 Expense Tax 12000.00 Expense Total Annual 15400.00 Expense Water 800.00 Gross Operating Income 57000.00 Gross Rent Multiplier 15.00 Hoa YN N Legal Disclosures Other Lot Size Source Vendor Enhanced Net Operating Income 43600.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 2450.00 Unit Monthly Rent02 2470.00 Unit Projected Total Monthly Rent01 2450.00 Unit Projected Total Monthly Rent02 2470.00 Unit Total Monthly Rent01 2450.00 Unit Total Monthly Rent02 2470.00 Unit Type01 1 Unit Type02 2 Units Total In Complex 2 Zoning Lar3

    Listing provided courtesy of Carle Hallen DRE#01893150 of New Hope Realty, Inc..


    Based on information from CARETS as of 2019-11-20T18:51:43.653. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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