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    1038 W 97th Street

    Los Angeles (City), CA 90044
    • $780,000
    • STATUS: Closed
    • ON SITE: 53 days
    • ID#: SB21004709
    Sold - 03/02/2021
    $780,000
    SOLD - 03/02/2021
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,380
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    699 - Not Defined
    Type:
    Multi-Family
    Built:
    1921
    County:
    Los Angeles
    Area:
    699 - Not Defined

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    Description

    Nicely updated units just blocks away from the new SoFi stadium! These turn key units are perfect for owner-user or investors looking for great income. This private and gated street to alley duplex located in Los Angeles features 2 homes on a lot, each unit has 4 bedrooms and 2 full bathrooms, laundry plus a 1 car attached garage. Extensively remodeled in 2017- new kitchens, bathrooms, flooring, and paint. Just minutes from LAX, SoFi Stadium, SpaceX, and the 105/110 freeways. Won't last around 6%+ cap rate!

    Sold by Rob Depaoli of Compass.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T09:25:46.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/113199918
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    1038 W 97th Street Los Angeles (City), CA 90044

    • Price: $750,000
    • Status: Closed
    • Updated: 52 min ago
    • ID#: SB21004709
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,380
    SQFT
    $328
    $/SQFT
    1921
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Nicely updated units just blocks away from the new SoFi stadium! These turn key units are perfect for owner-user or investors looking for great income. This private and gated street to alley duplex located in Los Angeles features 2 homes on a lot, each unit has 4 bedrooms and 2 full bathrooms, laundry plus a 1 car attached garage. Extensively remodeled in 2017- new kitchens, bathrooms, flooring, and paint. Just minutes from LAX, SoFi Stadium, SpaceX, and the 105/110 freeways. Won't last around 6%+ cap rate!
    Exterior Features

    Garage Spaces 2.00 Lot Features Lot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessDriveway Parking Total 2.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherGas RangeRefrigerator Appliances YN Yes Common Walls No Common Walls Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Central Heating YN Yes Interior Features Open FloorplanRecessed Lighting Laundry Features In Closet Levels One Room Type Family RoomKitchen

    Property Features

    Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.00 Community Features CurbsSidewalks Country Us Elevation Units Feet Gross Income 66600.00 Gross Multiplier 11.30 Gross Scheduled Income 66600.00 Insurance Expense 1742.00 Land Lease YN No Laundry YN Yes Net Operating Income 44850.00 New Construction YN No New Taxes Expense 9375.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 21570.00 Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 21570.00 Trash Expense 0.00 Water Sewer Expense 1907.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Rob Depaoli of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T09:25:46.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
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