1038 West. 97th St., Los Angeles, CA 90044 - SB21004709 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1038 West. 97th St.
Los Angeles, CA 90044

Sold, Multi-Family/Income Sale

For Sale

$780,000 $115.31 per sqft

Free Professional CMA

Listing ID : CRSB21004709

  • Garage

    2
  • Lot Size

    6,504 Sqft
  • Year

    1921

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!

Details

Type: Multi-Family/Income Sale 
Subdivision: 699 - Not Defined 
County: Los Angeles 
Tax ID: 6056015031
Cap Rate: 6.00% 
Gross Rent Multiplier: 11.30 
Amenities: Other 
Flooring: Laminate 
Kitchen: Dishwasher, Oven Range - Gas, Refrigerator 
Laundry: In Closet 
Number of Buildings: 2 
Number of Units: 2 
Parking Spaces: 2 
Property Condition: 22  
Property Type: Commercial Sale 
Sub Type: Duplex 
View: Local/Neighborhood 
Water: District - Public 

Show More

Interactive

33.94759 -118.293312 $750,000 SB21004709
1038 West. 97th St., Los Angeles, CA 90044
Directions to here from:

Area Information 90044

Population:

89,321 Up .01% since 2010
Average Income:
$47,687
Average Age:
29Years
Gender:
48.04%Male
51.96%Female
Households:
24,96351.66% with children
Average Value:
$557,695
Occupancy:
31.07%Owned
68.93%Rented
9.09%Vacant
Education:
24.33%High School
5.31%Associate
6.1%Bachelor
2.42%Graduate
Average Residency:
20Years
Crime Rate:
Average
Annual Rainfall:
14.23Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $402,114
  • Improvements $172,706

  • Total $574,820

Property Tax

  • 2020 $7,917

History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 04, 2021
Transaction
Sold - Residential Income (2-4 units)CRSB21004709
Price
$780,000
Mortgage Amt & Lender
- -
Date
Jun 08, 2019
Transaction
Expired - Residential Income (2-4 units)CRR97404
Price
$175,000
Mortgage Amt & Lender
- -
Date
Jun 07, 2019
Transaction
Expired - Residential Income (2-4 units)CRR804694
Price
$375,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Rob Depaoli with Compass

Based on information from the MLSListings MLS) as of 12/8/2021. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 12/8/2021. 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. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes