1129 E 71st Street,Los Angeles, CA 90001
Los Angeles, CA 90001
Description
Seller shall consider paying for Buyer's Closing Costs. First time on the market in several years, this triplex residential property features three one-bedroom units. The triplex consists of one duplex and a one bedroom one bath rear house. One unit is currently vacant. Long term tenancy may explain the rents, however, there exists a very lucrative upside soon for the astute investor. Interior inspection only upon an accepted offer. Drive by only. DO NOT DISTRUB TENANTS! Centrally located within minutes of downtown Los Angeles, this location provides access to major shopping areas in downtown Los Angeles, minutes from nearby educational opportunities with University of Southern California, Los Angeles City College, with all the cultural opportunities afforded to the greater Los Angeles area, The Hollywood Bowl, the Disney Concert Hall and many more. Property is sold in "its current present condition." Buyer to rely solely on Buyer's independent investigations. Drive by only. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on buyer's inspections and investigations. Property is sold for All Cash, or Cash to New Loan. The seller shall select all services, including escrow, title services and pest control services, if applicable. Please contact listing agents for more information. The seller shall participate in a 1031 exchange as a result of this transaction. Seller requests Buyer's cooperation in such exchange and agrees to hold Buyer harmless from all claims, liabilities, or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the Seller.
Details
| MLS # | 26851431 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 57 |
| Listing Provided By | Realty Executives Westside | Luther Henderson |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,000 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | LCR3YY |
| Acreage | 0.14 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90001) | |
Price: $775,000 low | high Med: $872,638 sqft: 2,000 low | high Med: 1,996 $ / sqft: $388 low | high Med: $442 On site: 57 low | high Med: 74 | |
Market Activity 90001
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90001) | |
Price: $775,000 low | high Med: $872,638 sqft: 2,000 low | high Med: 1,996 $ / sqft: $388 low | high Med: $442 On site: 57 low | high Med: 74 | |
